MARCY LAB INC

As filed

Subsection

03

NTEE code

B50

Classification

1200

Street

882 3RD AVE UNIT 10 # 1123

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2024

• THE MARCY LAB SCHOOL IS A FREE-OF-COST, DIRECT PATHWAY FOR YOUNG PEOPLE FROM LOW SOCIOECONOMIC BACKGROUNDS TO EMPLOYMENT IN ENTRY-LEVEL TECH ROLES. WE RUN TWO CONCURRENT MAJOR PROGRAMS, SOFTWARE ENGINEERING AND DATA ANALYTICS. THROUGH OVER 2,000 HOURS OF INSTRUCTION, MORE THAN MOST FOUR-YEAR COMPUTER TECH DEGREES, FELLOWS PARTICIPATE IN COMPUTER SCIENCE OR DATA ANALYTICS LECTURES WHERE THEY LEARN FUNDAMENTAL TECHNICAL SKILLS FOR THEIR MAJOR, SUCH AS SERVER-SIDE AND FRONT-END WEB DEVELOPMENT AND TOOLS LIKE EXCEL, SQL, TABLEAU, AND PYTHON. THE CURRICULUM IS DESIGNED TO MIRROR THE TECHNICAL INTERVIEWS THEY'LL ENCOUNTER IN THE JOB MARKET AND IS CONTINUALLY INFORMED BY THE EVOLVING NEEDS OF OUR EMPLOYER PARTNERS, ENSURING FELLOWS GRADUATE WITH THE TOOLS AND EXPERIENCE TO SUCCEED. IN PARALLEL, 25% OF INSTRUCTIONAL TIME IS DEDICATED TO OUR LEADERSHIP AND DEVELOPMENT CURRICULUM THAT FOCUSES ON CONVERSATIONS ABOUT LEADERSHIP DEVELOPMENT, FINANCIAL LITERACY, CIVIC STUDIES, EQUITY, ETHICS, AND CAREER READINESS. FELLOWS EXPLORE TEXTS BY JAMES BALDWIN, AUDRE LORDE, AND OTHERS, WHILE RECEIVING BI-WEEKLY COACHING THAT SUPPORTS THEIR GROWTH AS BOTH TECHNOLOGISTS AND LEADERS. THE PROGRAM CULMINATES IN A CIVIC TECHNOLOGY HACKATHON, WHERE FELLOWS BUILD PRODUCTION-READY APPLICATIONS TO SOLVE REAL-WORLD CHALLENGES IN THEIR COMMUNITIES AND ADD TO THEIR PROFESSIONAL PORTFOLIOS. A FINAL THREE-MONTH CAPSTONE OR EXTERNAL APPRENTICESHIP ALLOWS FELLOWS TO DEEPEN THEIR SKILLS THROUGH EMPLOYER-DESIGNED PROJECTS. GRADUATES LEAVE WITH A STRONG PORTFOLIO, INDUSTRY-ALIGNED EXPERIENCE, AND ACCESS TO A 24-WEEK CAREER LAUNCH ACCELERATOR PROGRAM FOR THOSE STILL LOOKING FOR A FULL-TIME ROLE POST GRADUATION, FOLLOWED BY TWO YEARS OF ALUMNI CAREER COACHING AND CONTINUED SUPPORT.

  Expenses $5,023,096 · Grants $176,115

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2024

  Revenue

  $5,695,488

  Expenses

  $6,302,685

  Contributions

  $5,680,327

  Grants paid

  $176,115

• 2023

  Revenue

  $9,707,056

  Expenses

  $6,215,574

  Contributions

  $9,174,507

  Grants paid

  $0

• 2022

  Revenue

  $9,656,026

  Expenses

  $4,862,842

  Contributions

  $9,163,286

  Grants paid

  $0

• 2022

  Revenue

  $8,932,333

  Expenses

  $4,862,842

  Contributions

  $8,639,593

  Grants paid

  $0

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $3,752,797

  Expenses

  $2,757,974

  Assets (EOY)

  $4,472,166

• 2020 · 990

  Revenue

  $2,149,942

  Expenses

  $903,729

  Assets (EOY)

  $1,488,117

• 2019 · 990

  Revenue

  $452,434

  Expenses

  $287,042

  Assets (EOY)

  $253,476

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all.

Grants made

No itemized grants to organizations. Schedule I is filed only by organizations that granted more than $5,000 to a recipient, so most filers have none.

Grants received

• FIDELITY INVESTMENTS CHARITABLE GIFT FUND

  $4,003,700

  2023 · For grant recipient's exempt purposes

• FOLLOW YOUR DREAM FOUNDATION INC

  $1,500,000

  2023 · General Support

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $1,350,500

  2022 · FOR RECIPIENT'S EXEMPT PURPOSE

• CLEVELAND AVENUE FOUNDATION FOR EDUCATION GROUP

  $1,000,000

  2023 · TO SUPPORT THE PROGRAMMATIC OR OPERATING COSTS OF THE ORGANIZATION IN ALIGNMENT WITH THE 1954 PROJECT VALUES

• NEW PROFIT INC

  $875,000

  2025 · PROGRAM EXPANSION

• NATIONAL PHILANTHROPIC TR

  $461,100

  2023 · EDUCATION

• NEW PROFIT INC

  $375,000

  2024 · PROGRAM EXPANSION

• THE BLACKBAUD GIVING FUND

  $160,097

  2022 · GENERAL SUPPORT

• NATIONAL PHILANTHROPIC TR

  $155,750

  2024 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $155,000

  2022 · EDUCATION

The 10 largest by cash amount. The API serves every itemized grant.

Other IRS files