Cityfunds I, LLC (Nada) — Membership Interests (issued by city series)
Disclosure record (Layer A)
A neutral reproduction of the issuer’s own SEC filing. GUARDD makes no assessment in this layer.
Disclosure on file — interim period elapsed Balance sheet 06/30/2025 · financials through 06/30/2025 · 6-month interim window elapsed 12/30/2025
Reflects the currency of the issuer's public SEC filings. Not an assessment of the issuer and not a determination of quotation eligibility. Not legal advice.
Also built from: Accession 0001493152-26-005763 · Filed 2026-02-09 · View filing on SEC EDGAR
Retrieved from SEC EDGAR. Figures are reproduced as filed and checked for internal arithmetic consistency.
Not issuer-attested. This record was built from the issuer’s SEC filing without a separate issuer attestation.
Issuer-disclosed conditions: Going concern
The most recent balance sheet on file is the UNAUDITED interim balance sheet as of June 30, 2025 (Form 1-SA); the most recent audited balance sheet is dated December 31, 2024 (Form 1-K). Both the audited annual and the unaudited interim financial statements disclose substantial doubt about the Company’s ability to continue as a going concern — see the auditor’s report and adverse-information sections. Total assets declined from $13.27M at December 31, 2024 to $7.42M at June 30, 2025 as home-equity investments were exchanged for an investment in partnership and related-party debt was repaid. The Form 1-SA and Form 1-K covers report conflicting EINs (86-3672902 vs. 83-3672902); correct EIN to be verified with the issuer. Per-series interests, holders of record, and beneficial owners over 10% are pending the issuer-furnished/Mergent reconciliation pass. Arithmetic verification of the filed statements: 28 of 28 tests PASS.
- Issuer legal name
- Cityfunds I, LLC (Nada)
- Security
- Membership Interests (issued by city series) (Membership interests, no par value, offered on a per-series (city portfolio) basis under Regulation A (Tier 2); no national securities exchange listing)
- CIK
- 0001874979
- Commission file number
- Not disclosed
- Exemption relied on
- Reg A
- State of incorporation
- Delaware
- Transfer agent
- Not disclosed
- GUARDD publication date
- 2026-08-01
- Information as of
- 2026-08-01
“Last verified” is the date GUARDD last confirmed the record against the source filing. - Fiscal period on file
- FY2025
- Financials
- Audited
- Trading venue
- Not yet available
- GUARDD engagement
- Not enrolled — Disclosure Record only; no readiness assessment is published
- Version
- 5 · published 2026-08-13 (version history)
- Next annual financials expected
- 2026-03-31
- Machine-readable copy
- /disclosures/cityfunds-i-llc/membership-interests.json
Issuer name and address
- Legal name
- Cityfunds I, LLC (Nada)
- Address
- 1315 Manufacturing Street, Dallas, TX
- State of incorporation
- Delaware
Business description
Cityfunds I, LLC (Nada) is a Delaware series limited liability company offering interests in city-specific real-estate portfolios under Regulation A (Tier 2). Principal office: 1315 Manufacturing Street, Dallas, TX; website www.cityfunds.com. Fiscal year end December 31. EIN is reported inconsistently across filings — 86-3672902 on the Form 1-SA cover and 83-3672902 on the Form 1-K cover; correct EIN to be verified with the issuer. Figures presented are Company-level consolidated totals from the FY2024 Form 1-K (audited) and the Form 1-SA for the six months ended June 30, 2025 (unaudited). Interests are offered through Dalmore Group, LLC as broker-dealer of record per the filings.
Officers and directors
| Name | Title | Serving since |
|---|---|---|
| Nada / manager (per filing) | Manager | Not disclosed |
Transfer agent, auditor, and legal counsel
- Transfer agent
- Not disclosed
- Auditor
- Not disclosed
- Legal counsel
- Not disclosed
Capital structure
| Class or series | Authorized | Outstanding |
|---|---|---|
| Membership interests, issued by city series — Cityfunds Austin, Dallas, Denver, Houston, Las Vegas, Los Angeles, Miami, Nashville, Phoenix, and Tampa; no par value. Per-series authorized and outstanding interests, holders of record, and beneficial owners over 10% are not stated in the source report and are pending the issuer-furnished/Mergent reconciliation pass (weighted average member units outstanding: 646,066 for the six months ended June 30, 2025; 580,113 for FY2024) | Not disclosed | Not disclosed |
Holders of record
- Number of holders of record
- Not disclosed
- As of
- Not disclosed
Issuer information
| Item | Value | As of |
|---|---|---|
| Shares / units outstanding | To be populated | 2025-06-30 |
| Authorized shares / units | To be populated | 2025-06-30 |
| Holders of record | To be populated | — |
| Par value | No par value | — |
| Principal place of business | 1315 Manufacturing Street, Dallas, TX | — |
| Transfer agent | To be populated | — |
| Trading venue | Not yet available | — |
- Nature of business
- Cityfunds I, LLC (Nada) is a Delaware series limited liability company offering interests in city-specific real-estate portfolios under Regulation A (Tier 2). Principal office: 1315 Manufacturing Street, Dallas, TX; website www.cityfunds.com. Fiscal year end December 31. EIN is reported inconsistently across filings — 86-3672902 on the Form 1-SA cover and 83-3672902 on the Form 1-K cover; correct EIN to be verified with the issuer. Figures presented are Company-level consolidated totals from the FY2024 Form 1-K (audited) and the Form 1-SA for the six months ended June 30, 2025 (unaudited). Interests are offered through Dalmore Group, LLC as broker-dealer of record per the filings.
- Financial statements presented
- 3 fiscal periods of financial information, including a balance sheet.
Financial statements
Audited: FY2024 (audited, consolidated); FY2023 (audited, consolidated comparative) · Unaudited: Interim — six months ended June 30, 2025 (unaudited, consolidated)
| Line item | Interim — six months ended June 30, 2025 (unaudited, consolidated) FYE 2025-06-30 · Unaudited | FY2024 (audited, consolidated) FYE 2024-12-31 · Audited | FY2023 (audited, consolidated comparative) FYE 2023-12-31 · Audited |
|---|---|---|---|
| Revenue | USD 43,150 | USD 90,840 | USD 133,851 |
| Net income (loss) | (USD 144,208) | (USD 1,094,449) | USD 128,435 |
| Total assets | USD 7,423,893 | USD 13,271,318 | USD 6,934,655 |
| Total liabilities | USD 1,303,946 | USD 7,679,969 | USD 2,172,010 |
| Cash | USD 98,552 | USD 244,773 | USD 522,928 |
| Auditor | Not disclosed | Not disclosed | Not disclosed |
Issuer-disclosed conditions (per Form 1-K + 1-SA, 0001493152-26-004863)
These conditions appear in the issuer’s own filing and are reproduced here as filed and attributed to that filing. GUARDD does not omit, soften, or delay adverse issuer disclosure, and does not add any assessment of its own. Not a legal conclusion and not legal advice.
Auditor’s report
Going concern: both the FY2024 audited consolidated financial statements and the 2025 interim consolidated financial statements disclose substantial doubt about the Company’s ability to continue as a going concern. The Company reported a net loss of $1,094,449 for FY2024 and a net loss of $144,208 for the six months ended June 30, 2025.
- Auditor
- Not disclosed
- Report date
- Not disclosed
- Opinion
- Unmodified opinion with a going-concern emphasis paragraph on the December 31, 2024 and 2023 consolidated financial statements (Form 1-K). The interim statements as of and for the six months ended June 30, 2025 (Form 1-SA) are UNAUDITED — no auditor’s opinion is expressed on the interim figures.
- Going-concern qualification
- Yes
- Adverse opinion
- No
- Material weakness
- No
- Restatement
- No
Tokenized security attributes
Displayed for every security. Where the security is not tokenized, each field is marked not applicable.
- Security is tokenized
- No
- Contract address
- Not applicable — security is not tokenized
- Network
- Not applicable — security is not tokenized
- Token standard
- Not applicable — security is not tokenized
- Role of on-chain record
- Not applicable — security is not tokenized
- Transfer restriction enforcement
- Not applicable — security is not tokenized
- Holding period
- Not applicable — security is not tokenized
- Holding period expiration date
- Not applicable — security is not tokenized
- Issuer freeze authority
- Not applicable — security is not tokenized
- Issuer burn authority
- Not applicable — security is not tokenized
- Issuer reissue authority
- Not applicable — security is not tokenized
- Smart contract audit status
- Not applicable — security is not tokenized
- Smart contract auditor
- Not applicable — security is not tokenized
- Eligible trading venues
- Not applicable — security is not tokenized
- Collateral or lending arrangement
- Not applicable — security is not tokenized
Secondary-trading readiness
This issuer has not enrolled with GUARDD for a secondary-trading readiness assessment, so no readiness assessment is published for this security. The record above is a Disclosure Record only: a neutral reproduction of the issuer’s own SEC filing.
Rule 15c2-11 is a broker-dealer obligation, not an issuer obligation. GUARDD does not assign a readiness state to an issuer that has not engaged GUARDD, or for a use case an issuer did not enroll in. See the methodology statement.
Version history
Every published version of this record is retained immutably so a broker-dealer can show what information was public on the date of a quotation. Versions are never deleted; corrections create a new version and mark the prior version superseded.
| Version | Published | Superseded | Snapshot | Content hash (SHA-256, first 16) |
|---|---|---|---|---|
| 5 | 2026-08-13 | Current version | View snapshot · JSON | 81256f70fdb1fee0 |
| 4 | 2026-08-13 | 2026-08-13 | View snapshot · JSON | 2b269e5c75b4cbcd |
| 3 | 2026-08-12 | 2026-08-13 | View snapshot · JSON | 2842fda69da02b56 |
| 2 | 2026-08-12 | 2026-08-12 | View snapshot · JSON | 64f419615752a213 |
| 1 | 2026-08-01 | 2026-08-12 | View snapshot · JSON | a02214f7d8fccff9 |
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