Program areas at Defy Ventures
We're proud of Defy's results and are excited to show supporters the results of their investment of time and funding. Since the launch of our program in january 2012, Defy has:1.served more than 6,900 entrepreneurs in training (eits) in our in-prison and post-release program. Eits complete a rigorous six- to nine-month curriculum culminating in a business pitch competition and graduation as part of the in-prison program. The post-release program includes workshops, mentoring, and a business incubator.2.engaged 7,200+ executive volunteers, including volunteers from hedge funds, investment banks, venture capital and private equity firms, fortune 500 companies, and entrepreneurial Ventures. Volunteers served as business pitch competition judges, mentors, and resume coaches.3.grown to serve in seven states (ny, ct, nj, ca, il, wi, and wa).4.secured nine employment partners to source and provide jobs for released eits who have completed our in-prison program.5.recorded a one year recidivism rate of less than 10%.6.recorded an 84% employment rate for released eits who have completed our program.7.launched 175+ businesses, including incorporation and seed funding.8.raised over $36.5 million in private & public funding since inception (2010).
Who funds Defy Ventures
Grants from foundations and other nonprofits
Personnel at Defy Ventures
Name | Title | Compensation | Date of data |
---|
Andrew Glazier | National Chief Program Officer / President and Chief Executive Officer / Chief PRG Officer / Chief Program Officer | $120,954 | 2022-12-31 |
John Garofolo | Chief Financial Officer | $146,354 | 2023-11-14 |
Julie Jackson-Forsberg | Vice President , Learning / Vice President - Learning / Vice President of Learning / Vice President Learning | $110,616 | 2022-12-31 |
Christine Castillo | Vice President , Programs / Senior Director , National Programs Experience: Director of Learning and Development at Equitas Academy Charter Schools and City | $105,597 | 2022-12-31 |
Quan Huynh | Executive Director , Southern Ca / Senior Program Manager , Entrepreneurship Programs Experience: Program Manager of Defy Socal , Chief Executive Officer and Founder | $108,245 | 2022-12-31 |
...and 9 more key personnel |
Financials for Defy Ventures
Revenues | FYE 12/2022 | FYE 12/2021 | % Change |
---|
Total grants, contributions, etc. | $3,116,359 | $2,735,926 | 13.9% |
Program services | $68,524 | $228,466 | -70% |
Investment income and dividends | $11,606 | $147 | 7795.2% |
Tax-exempt bond proceeds | $0 | $0 | - |
Royalty revenue | $0 | $0 | - |
Net rental income | $0 | $0 | - |
Net gain from sale of non-inventory assets | $0 | $0 | - |
Net income from fundraising events | $18,383 | $0 | 999% |
Net income from gaming activities | $0 | $0 | - |
Net income from sales of inventory | $0 | $0 | - |
Miscellaneous revenues | $8,189 | $0 | 999% |
Total revenues | $3,223,061 | $2,964,539 | 8.7% |
Organizations like Defy Ventures
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Turn90 | 501(c)(3) | Charleston, SC | $2,736,363 |
70 X 7 Life Recovery | 501(c)(3) | Holland, MI | $1,161,395 |
The Center for Community Transitions | 501(c)(3) | Charlotte, NC | $2,017,468 |
Centers for Equity and Success | 501(c)(3) | San Francisco, CA | $5,760,202 |
Pathways Next Step | 501(c)(3) | Coconut Creek, FL | $2,458,804 |
Mobile Area Interfaith Conference | 501(c)(3) | Mobile, AL | $831,327 |
Next Step of West Michigan | 501(c)(3) | Grand Rapids, MI | $1,749,512 |
Anewentry Anewentry | 501(c)(3) | Austin, TX | $1,835,052 |
EMERGE Connecticut | 501(c)(3) | New Haven, CT | $1,525,015 |
Bridges of America - The Cocoa Bridge | 501(c)(3) | Orlando, FL | $1,494,908 |
Data update history
January 19, 2024
Posted financials
Added Form 990 for fiscal year 2022
January 17, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Crime and legal aid organizationsEmployment organizationsHeadquarter / parent organizationsCharities
Issues
EducationHuman servicesCrime and lawRehabilitation for ex-offenders
Characteristics
Partially liquidatedFundraising eventsNational levelReceives government fundingCommunity engagement / volunteeringAuction fundraisersFundraising races, competitions, and tournamentsTax deductible donationsAccepts online donations
General information
- Address
- 5 Penn Plaza 19th Floor
- New York, NY 10001
- Metro area
- New York-Newark-Jersey City, NY-NJ-PA
- County
- New York County, NY
- Website URL
- defyventures.org/Â
- Phone
- (720) 231-7085
IRS details
- EIN
- 27-3611908
- Fiscal year end
- December
- Taxreturn type
- Form 990
- Year formed
- 2010
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- I40: Rehabilitation Services for Offenders
- NAICS code, primary
- 624310: Vocational Rehabilitation Services
- Parent/child status
- Independent
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