2025-05-15T14:20:42-05:00 2024-06-30 BDO USA 200 PARK AVENUE 38TH FLOOR NEW YORK NY 10166 990 2023-07-01 833754699 MARCY LAB INC % REUBEN OGBONNA MARC 9196219388 829 JEFFERSON AVENUE BROOKLYN NY 11221 REUBEN OGBONNA co-founder & ED 9196219388 2025-05-15 true true Paul Hammerschmidt P01384178 2128858000 2023 2025-03-06 01:10:19Z REUBEN OGBONNA 829 JEFFERSON AVENUE BROOKLYN NY 11221 9880880 false X WWW.MARCYLABSCHOOL.ORG X 2019 NY to provide an exceptional post-secondary education experience that propels underestimated young adults into financially-rewarding and purpose-driven careers in the tech sector. 7 5 53 120 0 0 8639593 9174507 292364 612198 376 741 0 -80390 8932333 9707056 0 0 0 0 2752597 3702637 0 0 97945 2110245 2512937 4862842 6215574 4069491 3491482 8371173 11667525 1860011 1949088 6511162 9718437 X THE MARCY LAB SCHOOL WAS FOUNDED WITH A CLEAR AND CRITICAL MISSION: TO CREATE AN ALTERNATIVE PATHWAY TO HIGH-GROWTH TECHNOLOGY CAREERS FOR YOUNG ADULTS FROM UNDERESTIMATED BACKGROUNDS. WE PROVIDE OUR STUDENTS WITH TECHNICAL TRAINING, LEADERSHIP DEVELOPMENT, AND ACCESS TO EMPLOYMENT OPPORTUNITIES IN SOME OF THE FASTEST GROWING SECTORS OF THE GLOBAL ECONOMY. false false 4811253 0 612198 OUR FLAGSHIP PROGRAM, THE SOFTWARE ENGINEERING FELLOWSHIP, IS A TRUE ALTERNATIVE TO COLLEGE, DESIGNED TO BE A DIRECT PATHWAY FOR YOUNG PEOPLE 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 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. 4811253 true true false false false false false false false false false false false true true true true false false false false false false false true false false false false true false false false false false false false false false false false false false false false false false true 111 0 true 53 true false false false false false true true false false false false false false X 7 5 false false false false false false false true true false false true true false false true true true true false NY X REUBEN OGBONNA 9196219388 829 JEFFERSON AVENUE BROOKLYN NY 11221 X MAYA BHATTACHARJEE-MARCANTONIO CO-FOUNDER & CHIEF PROG. OFF. 40.0 0.0 X X 191346 0 3781 REUBEN OGBONNA CO-FOUNDER & EXEC. DIRECTOR 40.0 0.0 X X 184483 0 3784 HOLLINS GAUSE VP. ADMISSIONS & RECRUITMENT 40.0 0.0 X 159683 0 14430 TRAVIS FOX VP, STRATEGIC PARTNERSHIPS 40.0 0.0 X 145559 0 18157 ASHLEY LUSKY SENIOR DIRECTOR, FINANCE & HR 40.0 0.0 X 127554 0 17632 ALANI BASS DIRECTOR,STRATEGIC INITIATIVES 40.0 0.0 X 121099 0 19242 ANA REYES MARTINEZ Dir, Instructor Learning&Dev. 40.0 0.0 X 114616 0 19615 Mike Cronin Director, Curriculum 40.0 0.0 X 113731 0 16903 AANKIT PATEL CHAIR&Secretary thru 1/16/24 2.0 0.0 X X 0 0 0 TYLER LAMBE TREASURER int. Chair/sec. as of 1/17/24 2.0 0.0 X X 0 0 0 AARON GLOVER DIRECTOR 2.0 0.0 X 0 0 0 TIFFANY MERRIWEATHER DIRECTOR 2.0 0.0 X 0 0 0 ROBERT MORSE DIRECTOR 2.0 0.0 X 0 0 0 NADJA SHAW DIRECTOR 2.0 0.0 X 0 0 0 1158071 0 113544 12 false true false Whiteboard Advisors LLC 1000 Potomac Street NW WASHINGTON DC 20007 Strategic Consulting 126634 1 37826 51041 9085640 9174507 PROGRAM SERVICE REVENUE 900099 612198 612198 612198 741 0 741 0 0 0 0 0 0 93434 37826 173824 -80390 -80390 0 0 0 0 0 0 0 9707056 612198 0 -79649 X 0 0 0 0 568499 387473 181026 0 1529641 1309730 163468 56443 67693 58597 7540 1556 399834 336332 55856 7646 1136970 944688 171197 21085 0 15460 15460 102830 102830 0 0 0 823785 486850 326754 10181 104664 58962 44668 1034 31292 27738 3554 209616 123256 86360 0 456043 456043 76134 35627 40507 0 39290 32564 6726 0 0 0 35148 35148 STUDENT STIPENDS 313631 313631 MEALS AND HOSPITALITY 138718 95659 43059 FACILITIES OTHER VENDORS 133100 133100 PROFESSIONAL LEARNING 20513 20513 12713 11003 1710 6215574 4811253 1306376 97945 570332 3140413 2299809 4300021 3884073 2981438 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1616959 1245653 8371173 11667525 35827 178533 0 0 0 350000 0 0 0 0 0 0 0 0 150000 112500 1674184 1308055 1860011 1949088 X 2462648 6784055 4048514 2934382 6511162 9718437 8371173 11667525 X 3491482 -284207 X false true X true false X 451738 2142578 3672338 8639593 8890300 23796547 0 0 451738 2142578 3672338 8639593 8890300 23796547 9364911 14431636 0 0 79 376 741 1196 696 0 0 0 0 696 0 7364 250 0 0 7614 23806053 984692 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RIGHT-OF-USE ASSET 1019085 SECURITY DEPOSIT 226568 1245653 0 OPERATING LEASE LIABILITY 1308055 1308055 X 9880880 173824 173824 9707056 9707056 6673605 458031 458031 6215574 6215574 SCHEDULE D, Part X, Line 2: THE ORGANIZATION WAS INCORPORATED IN THE STATE OF NEW YORK AND IS EXEMPT FROM FEDERAL, STATE, AND LOCAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE CODE AND, THEREFORE, HAS MADE NO PROVISION FOR INCOME TAXES IN THE ACCOMPANYING STATEMENTS OF FINANCIAL POSITION. IN ADDITION, THE ORGANIZATION HAS NOT TAKEN AN UNSUBSTANTIATED TAX POSITION THAT WOULD REQUIRE PROVISION OF A LIABILITY UNDER GAAP. UNDER GAAP, AN ORGANIZATION MUST RECOGNIZE THE TAX BENEFIT ASSOCIATED WITH TAX POSITIONS TAKEN FOR TAX RETURN PURPOSES WHEN IT IS MORE LIKELY THAN NOT THE POSITION WILL BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. THE ORGANIZATION DOES NOT BELIEVE THAT THERE ARE ANY MATERIAL UNCERTAIN TAX POSITIONS AND, ACCORDINGLY, HAS NOT RECOGNIZED ANY LIABILITY FOR UNRECOGNIZED TAX BENEFITS. THE ORGANIZATION HAS FILED IRS FORM 990, AS REQUIRED, AND ALL OTHER APPLICABLE RETURNS IN JURISDICTIONS WHEN IT IS REQUIRED. FOR THE YEAR ENDED JUNE 30, 2024, THERE WAS NO INCOME THAT WAS SUBJECT TO UNRELATED BUSINESS INCOME TAX, AND THERE WERE NO INTEREST OR PENALTIES RECORDED OR INCLUDED IN THE FINANCIAL STATEMENTS. Schedule D, Part XI, Line 2d: Direct expenses from special event, reclassed from Part IX ...$(173,824) Schedule D, Part XII, Line 2d: Direct expenses from special event, reclassed from Part IX ...$(173,824) Loss on Uncollectible Pledge ................................ $(284,207) Total ........................................................$(458,031) Winter Gala 131260 37826 93434 93434 27080 53310 0 131260 37826 93434 93434 27080 53310 173824 -80390 X X X X false false false false false false false false false REUBEN OGBONNA CO-FOUNDER & EXEC. DIRECTOR 184483 0 0 0 0 0 3784 0 0 0 188267 0 0 0 MAYA BHATTACHARJEE-MARCANTONIO CO-FOUNDER & CHIEF PROG. OFF. 191346 0 0 0 0 0 3781 0 0 0 195127 0 0 0 HOLLINS GAUSE VP. ADMISSIONS & RECRUITMENT 159683 0 0 0 0 0 3283 0 11147 0 174113 0 0 0 TRAVIS FOX VP, STRATEGIC PARTNERSHIPS 145559 0 0 0 0 0 3083 0 15074 0 163716 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B: THE FORM 990 IS REVIEWED BY THE BOARD TREASURER AND IS DISTRIBUTED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15a & 15b: THE ORGANIZATION GATHERS COMPENSATION DATA THROUGH FORM 990'S OF SIMILAR ORGANIZATIONS AND PUBLICLY AVAILABLE SALARY SURVEYS WHICH SENIOR MANAGEMENT USES TO ASSESS WHETHER SALARY RANGES ARE APPROPRIATE. ALL EMPLOYEE SALARIES ARE REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS DURING THE ANNUAL BUDGET PROCESS AND EXECUTIVE SESSION. FORM 990, PART VI, SECTION C, LINE 19: THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: Loss on Uncollectible Pledge ................................ $(284,207) FORM 990 PART IX LINE 11G DESCRIPTION:FLEXIBLE ADMIN,OP&HR SUPPORT TOTAL FEES:233128 FORM 990 PART IX LINE 11G DESCRIPTION:FINANCIAL SERVICES TOTAL FEES:153205 FORM 990 PART IX LINE 11G DESCRIPTION:STRATEGIC CONSULTING TOTAL FEES:124472 FORM 990 PART IX LINE 11G DESCRIPTION:STUDENT WRAPAROUND SERVICES TOTAL FEES:52747 FORM 990 PART IX LINE 11G DESCRIPTION:LEADERSHIP CONSULTING TOTAL FEES:47295 FORM 990 PART IX LINE 11G DESCRIPTION:EXECUTIVE/TALENT SEARCH TOTAL FEES:46850 FORM 990 PART IX LINE 11G DESCRIPTION:OTHER PROF FEES TOTAL FEES:166088