EIN 83-3754699

Marcy Lab

IRS 501(c) type
501(c)(3)
Num. employees
66
Year formed
2019
Most recent tax filings
2023-06-01
Description
Marcy Lab creates an alternative pathway to high-growth technology careers for young adults from underestimated backgrounds. The lab provides technical training and leadership development to empower low-income young adults for employment as entry-level software engineers. Its flagship program, the software engineering fellowship, is designed to be a direct alternative to college and lasts a year. Marcy Lab is located in Brooklyn, NY.
Total revenues
$8,932,333
2023
Total expenses
$4,862,842
2023
Total assets
$8,371,173
2023
Num. employees
66
2023

Program areas at Marcy Lab

Our flagship program, the software engineering fellowship, is a true alternative to college, designed to be a direct pathway for young people of color from low socioeconomic backgrounds to employment as entry-level software engineers. The year-long program starts with a deep dive into the fundamentals of programming and computer science paired with a project-based curriculum that applies these fundamentals in a real-world context. We complement technical training by cultivating "the whole student" through our leadership development curriculum, a skills-based, equity-centered approach to professional readiness and identity development. Classroom training is followed by a three-month paid apprenticeship where fellows showcase their talents by applying their skills as part of a real engineering team or working on an open-source software project. Upon graduation, our career counselors support fellows as they pursue opportunities in the full-time job market. Alums continue to receive career coaching and mentorship early in their careers and have access to alumni engagement opportunities for life.

Who funds Marcy Lab

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$1,350,500
Tiger Global Impact VenturesCommunity$1,000,000
National Philanthropic TrustEducation$155,000
...and 17 more grants received

Personnel at Marcy Lab

NameTitleCompensation
Maya Bhattacharjee-MarcantonioFounder and Chief Program Off. / Founder and Chief Program Officer$141,450
Juan Pablo OgbonnaChief Culture Officer
Thuyan DuongVice President , Software Engineering Fello / Senior Lead Instructor$139,010
Reuben OgbonnaFounder and Ed$147,275
Ashley LuskySenior Director , Finance and Human Resources / Director of Finance and Operations$109,241
...and 5 more key personnel

Financials for Marcy Lab

RevenuesFYE 06/2023
Total grants, contributions, etc.$8,639,593
Program services$292,364
Investment income and dividends$376
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$8,932,333

Form 990s for Marcy Lab

Fiscal year endingDate received by IRSFormPDF link
2023-062024-06-26990View PDF
2023-062024-05-15990View PDF
2022-062023-05-15990View PDF
2021-062022-05-13990View PDF
2020-062021-02-24990View PDF
...and 1 more Form 990
Data update history
August 25, 2024
Received grants
Identified 2 new grant, including a grant for $75,000 from Bny Mellon Charitable Gift Fund
July 17, 2024
Updated personnel
Identified 2 new personnel
July 10, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 12 new grant, including a grant for $1,000,000 from Tiger Global Impact Ventures
November 25, 2023
Posted financials
Added Form 990 for fiscal year 2021
Nonprofit Types
SchoolsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelReceives government fundingTax deductible donationsAccepts online donations
General information
Address
829 Jefferson Ave
Brooklyn, NY 11221
Metro area
New York-Newark-Jersey City, NY-NJ-PA
County
Kings County, NY
Website URL
marcylabschool.org/ 
Phone
(919) 621-9388
IRS details
EIN
83-3754699
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2019
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
6116: Other Schools and Instruction
Parent/child status
Independent
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