DEFY VENTURES INC
5 Penn Plaza 19th Floor, New York, NY 10001 www.defyventures.org

Total Revenue
$2,408,207
Total Expenses
$2,146,821
Net Assets
$239,794

Organizations Filed Purposes: Defy Ventures mission is to shift mindsets to give people with criminal histories their best shot at a second chance by providing them with personal development, career readiness, and entrepreneurship training.

We're proud of Defys 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 over 5,500 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 5,800+ executive 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 six states (NY, CT, CA, CO, IL, 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 recidivism rate of 7.2%.6.Recorded an 84% employment rate for released EITs who have completed our program.7.Launched 140+ businesses, including incorporation and seed funding.8.Raised over $24.4 million in private funding since inception (2010).

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Carrie SimonED Northern CA60$148,179
John GarofoloCFO70$143,770
Julie Jackson-ForsbergVP -Learning60$110,486
Andrew GlazierPresident & CEO70$75,000
Ariel JaduszliwerDirector1$0
April SmithDirector1$0
John DvorDirector1$0
Marcus GloverDirector3$0
Monica ThurmondDirector5$0
Harry KrenskyDirector5$0
Brian KorbSecretary5$0
Henry HamiltonChairman6$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202040879349301409_public.xml