Overview
What is Divinc?
Divinc is a nonprofit organization situated in Austin, Texas, with a mission to foster social and economic equity through entrepreneurship. They offer an intensive 12-week startup accelerator program, specifically designed for underrepresented entrepreneurs, including people of color and women. This program provides participants with essential business resources, including weekly workshops, one-on-one professional coaching, networking opportunities, and other startup tools. Divinc serves as a bridge between these entrepreneurs and the tech startup ecosystem, aiming to equip them with strategies necessary to build successful companies and contribute to local economic growth. By the end of March 2022, they had assisted approximately 600 individuals through their programs.
Official website here: www.divinc.org
Is Divinc legitimate?
Divinc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Divinc 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: $112,811
Professional Fundraising Fees: $0
Other Salaries and Wages: $758,160
For more financial information, click here
What is the mission statement of Divinc?
Divinc serves as a bridge connecting underrepresented entrepreneurs to the tech startup ecosystem. Their mission, in essence, is to promote social and economic equity through entrepreneurship. This is achieved by offering an intensive 12-week startup accelerator program tailored for people of color and women entrepreneurs. This program equips them with essential strategies to create exceptional companies, stimulate job creation, and contribute to robust economic growth. The program includes weekly workshops, one-on-one professional coaching, networking opportunities, and various business startup resources, serving approximately 600 individuals annually.
Official website here: www.divinc.org
Who is the CEO of Divinc?
Preston James Ii is the Co-Founder/Coo of Divinc. The CEO's salary of Divinc is $93,198 and their total compensation is $96,554.
Official website here: www.divinc.org
What is the revenue of Divinc?
Who are the executives of Divinc and what are their salaries?
The average compensation at Divinc during 2022 was $45,841. There are 19 employees and 100 volunteers at Divinc.
Here are 18 key members and their salaries (Divinc's CEO's salary is $93,198 and their total compensation is $96,554):
- Preston James (Co-Founder/Ceo)
- Dana Callender (Co-Founder/Coo) [Trustee/Director]
- Ezinne Oji Udezue (Treasurer) [Trustee/Director]
- Dan Graham (Board Member) [Trustee/Director]
- Josh Jones-Dilworth (Chair) [Trustee/Director]
- Monique Maley (Vice-Chair) [Trustee/Director]
- Julie Oliver (Board Member) [Trustee/Director]
- Georgia Thomsen (Board Member) [Trustee/Director]
- Kate Williams (Board Member) [Trustee/Director]
- Juan Thurman (Board Member) [Trustee/Director]
- Mark Phillip (Board Member) [Trustee/Director]
- Heath Butler (Board Member) [Trustee/Director]
- Chris Hyams (Board Member) [Trustee/Director]
- Elisa Sepulveda (Board Member) [Trustee/Director]
- Brandon Middleton-Pratt (Board Member) [Trustee/Director]
- Roman Gonzalez (Board Member) [Trustee/Director]
- Mercy Wakweika (Board Member) [Trustee/Director]
- Blanca Lesmes (Board Member) [Trustee/Director]
Official website here: www.divinc.org
Where can I find the form 990 for Divinc?
The Divinc’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.divinc.org
Learn more at the official website: www.divinc.org
Mission Statement of Divinc
Divinc, a notable organization, serves as a bridge for underrepresented entrepreneurs and the tech startup ecosystem. Its mission is centered around generating social and economic equity through entrepreneurship. The nonprofit achieves this by offering an intensive 12-week startup accelerator program. This program equips entrepreneurs who are people of color and women with critical strategies necessary for creating exceptional companies, driving job creation, and contributing to robust economic growth.
Participants in Divinc's program gain access to weekly workshops, one-on-one professional coaching, valuable networking opportunities, and essential business startup resources. The program's unique culture of support enables these entrepreneurs to thrive, ultimately contributing to a stronger and more diverse tech ecosystem. In the year ending March 31, 2022, approximately 600 individuals benefited from Divinc's services, further demonstrating its commitment to fostering economic equity through entrepreneurship.
Impact
This information is meant to be a general summary of Divinc. Please take the time to review official sources before making any decisions based upon the content provided here.
Saturday, July 20, 2024
Divinc's impact lies in its role as a vital bridge connecting underrepresented entrepreneurs with the tech startup ecosystem. By offering an intensive 12-week startup accelerator program, Divinc equips people of color and women entrepreneurs with the essential strategies needed to build successful companies, create job opportunities, and contribute to robust economic growth. Through weekly workshops, personalized professional coaching, networking opportunities, and crucial business startup resources, Divinc serves approximately 600 individuals annually. Based in Austin, TX, Divinc's mission is centered on fostering social and economic equity through entrepreneurship, ultimately driving community improvement.
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:
Organization Details
Founding Year
2016
Phone
(512) 909-4499
Principal Officer
Preston James Ii
Main Address
200 W 6TH STREET 1700, AUSTIN, TX, 78701
Website
www.divinc.org
NTEE Category
Code: S31 - Community improvement
If you are a representative of Divinc 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.