Overview
What is Defy Ventures Inc?
Defy Ventures Inc is a nonprofit organization located in New York, New York, specifically at 5 PENN PLAZA 19TH FLOOR. Since its inception in 2010, it has been dedicated to providing a second chance for individuals with criminal histories. Through its personal development, career readiness, and entrepreneurship training programs, Defy Ventures has served over 6,900 entrepreneurs in training across seven states. The organization also engages over 7,200 executive volunteers from various sectors, providing mentorship and business coaching. Defy Ventures has secured employment partners, resulting in 9 jobs for released program participants, boasting a low recidivism rate and high employment rate for its graduates. The organization has also launched over 175 businesses and raised over $36.5 million in funding since its inception. Defy Ventures' mission is to shift mindsets and provide opportunities for individuals with criminal histories to thrive in society.
Official website here: www.defyventures.org
Is Defy Ventures Inc legitimate?
Defy Ventures Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Defy Ventures Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $285,942
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,678,759
For more financial information, click here
Official website here: www.defyventures.org
What is the mission statement of Defy Ventures Inc?
Defy Ventures Inc's mission is to transform perspectives and offer a second chance to individuals with criminal histories. Their mission is achieved by providing personal development, career readiness, and entrepreneurship training. Defy Ventures aims to reduce the recidivism rate by half through entrepreneurship, thereby increasing economic opportunities and improving lives. Since 2012, they have served over 6,900 entrepreneurs in training, engaged over 7,200 executive volunteers, and secured employment partners for their program graduates. Their efforts have resulted in a low recidivism rate and a high employment rate for their participants. Paraphrased Answer: Defy Ventures Inc is dedicated to altering perceptions and offering a chance at redemption for individuals with criminal records. They accomplish this by offering personal development, job readiness, and business training. The organization aims to decrease the recidivism rate by half through entrepreneurship, thus enhancing economic prospects and enhancing lives. Since its inception in 2012, Defy Ventures has served over 6,900 entrepreneurs-in-training, engaged over 7,200 executive volunteers, and secured employment partners for its program graduates. Their initiatives have led to a low recidivism rate and a high employment rate for the individuals they serve.
Official website here: www.defyventures.org
Who is the CEO of Defy Ventures Inc?
Andrew Glazier is the President & Ceo of Defy Ventures Inc. The CEO's salary of Defy Ventures Inc is $120,954 and their total compensation is $121,057.
Official website here: www.defyventures.org
What is the revenue of Defy Ventures Inc?
Who are the executives of Defy Ventures Inc and what are their salaries?
The average compensation at Defy Ventures Inc during 2022 was $35,722. There are 55 employees and 550 volunteers at Defy Ventures Inc.
Here are 18 key members and their salaries (Defy Ventures Inc's CEO's salary is $120,954 and their total compensation is $121,057):
- John Garofolo (Cfo)
- Julie Jackson-Forsberg (Vp, Learning)
- Andrew Glazier (President & Ceo)
- Quan Huynh (Executive Director, Southern Ca)
- Christine Castillo (Vp, Programs)
- Brian Korb (Chairman) [Trustee/Director]
- Ariel Jaduszliwer (Secretary/Treasurer) [Trustee/Director]
- Kerry Bennett (Director)
- John Dvor (Director)
- Marcus Glover (Director)
- Michael Huggins (Director)
- Sonia Kahlon (Director)
- Sabrina Macias (Director (Thru Q1))
- Coss Marte (Director)
- Nicole Miller (Director)
- Jonathan Neil (Director)
- Cole Richman (Director)
- April Smith (Director)
Official website here: www.defyventures.org
Where can I find the form 990 for Defy Ventures Inc?
The Defy Ventures Inc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.defyventures.org
Learn more at the official website: www.defyventures.org
Mission Statement of Defy Ventures Inc
Defy Ventures Inc, a nonprofit organization, is committed to transforming the lives of individuals with criminal histories by providing them with a second chance. The mission of Defy Ventures is to shift perspectives and create opportunities for these individuals, equipping them with personal development, career readiness, and entrepreneurship skills. Defy Ventures' vision is to significantly reduce recidivism rates by leveraging entrepreneurship to boost economic opportunities and foster personal growth.
Since its inception, Defy Ventures has made substantial strides in achieving its mission. The organization has served over 6,900 entrepreneurs in training (EITS) through its rigorous in-prison and post-release programs. EITS participants undergo a six-to-nine-month curriculum, culminating in a business pitch competition and graduation. Post-release, Defy Ventures offers workshops, mentoring, and a business incubator to support their journey.
Moreover, Defy Ventures has engaged over 7,200 executive volunteers from various sectors, including finance, technology, and entrepreneurship. These volunteers contribute as judges, mentors, and resume coaches, providing valuable guidance and resources to the EITS. Defy Ventures has expanded its reach to seven states and secured employment partners to offer job opportunities to released EITS graduates. As a result, Defy Ventures has recorded impressive statistics, such as a one-year recidivism rate of less than 10% and an 84% employment rate for program graduates. The organization has also launched over 175 businesses and raised over $36.5 million in private and public funding since its inception in 2010.
Impact
This information is meant to be a general summary of Defy Ventures Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
Defy Ventures Inc has made a significant impact by providing personal development, career readiness, and entrepreneurship training to individuals with criminal histories. Since its launch in January 2012, Defy Ventures has served over 6,900 entrepreneurs in training through its in-prison and post-release programs. These programs include a rigorous curriculum, business pitch competitions, and mentoring to help individuals successfully reintegrate into society.
Moreover, Defy Ventures has engaged over 7,200 executive volunteers from various industries who have served as mentors, judges, and coaches. The organization has expanded its reach to seven states, secured employment partners for released participants, and achieved a one-year recidivism rate of less than 10%.
One of the standout achievements of Defy Ventures is recording an 84% employment rate for released participants who completed the program. The organization has also supported the launch of over 175 businesses, highlighting its commitment to fostering entrepreneurship among those facing reentry challenges.
Overall, Defy Ventures' holistic approach towards empowering individuals with criminal histories has not only transformed lives but also contributed to reducing recidivism rates and increasing economic opportunities for its participants.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
CONTRACT SERVICES
Revenue
$68,524
Organization Details
Founding Year
2010
Phone
(720) 231-7085
Principal Officer
Andrew Glazier
Main Address
5 PENN PLAZA 19TH FLOOR, NEW YORK, NY, 10001
Website
www.defyventures.org
NTEE Category
Code: B90 - Education
If you are a representative of Defy Ventures Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.