Nonprofit · EIN 83-3754699
MARCY LAB INC
Also known as MARCY LAB
Tax-exempt · BROOKLYN, NY 11232
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $5,695,488 | $6,302,685 | -$607,197 | $10,481,298 | $1,346,925 | $9,134,373 |
| June 30, 2024 | 990 | $9,707,056 | $6,215,574 | $3,491,482 | $11,667,525 | $1,949,088 | $9,718,437 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $5,680,327
- Program service revenue
- $0
- Investment income
- $15,161
- Net gain from sales of assets
- -$49,436
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $176,115
- Compensation of officers, directors and key employees
- $416,016
- Other salaries and wages
- $1,597,076
- Salaries, compensation and benefits (total)
- $3,773,943
- Professional fundraising fees
- $0
- Legal fees
- $9,382
- Accounting fees
- $22,218
- Occupancy
- $621,680
- Travel
- $207,686
- Program services (functional)
- $5,023,096
- Management and general (functional)
- $1,030,483
- Fundraising (functional)
- $249,106
Balance sheet and other
- Total assets, start of year
- $11,667,525
- Total assets, end of year
- $10,481,298
- Total liabilities, end of year
- $1,346,925
- Net assets, end of year
- $9,134,373
- Publicly traded securities
- $2,424,252
- Net assets without donor restrictions
- $6,626,973
- Net assets with donor restrictions
- $2,507,400
- Gross receipts
- $5,919,952
- Employees
- 40
- Volunteers
- 120
- Year formed
- 2019
- State of legal domicile
- NY
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAYA BHATTACHARJEE-MARCANTONIO | CO-FOUNDER, PRESIDENT & CHIEF PROGRAM OFFICER Trustee or director, Officer | 40 | $208,681 | $13,190 |
| REUBEN OGBONNA | CO-FOUNDER & EXECUTIVE DIRECTOR Trustee or director, Officer | 40 | $208,681 | $6,260 |
| HOLLINS GAUSE | HEAD OF GROWTH & ADMISSIONS STRATEGY Highest-paid employee | 40 | $171,878 | $18,565 |
| ASHLEY LUSKY | SENIOR DIRECTOR, FINANCE & HR Highest-paid employee | 40 | $142,804 | $18,002 |
| ANA REYES MARTINEZ | SENIOR DIRECTOR Highest-paid employee | 40 | $138,056 | $22,318 |
| BEN SPECTOR | HEAD INSTRUCTOR, SOFTWARE ENGINEERING Highest-paid employee | 40 | $124,213 | $25,504 |
| TRAVIS FOX | HEAD OF STRATEGIC PARTNERSHIPS Highest-paid employee | 40 | $136,040 | $11,797 |
| ERICA HAMILTON | CHAIR Trustee or director, Officer | 2 | $0 | $0 |
| TIFFANY MERIWEATHER | SECRETARY Trustee or director, Officer | 1 | $0 | $0 |
| ABBY MARQUAND | TREASURER Trustee or director, Officer | 1 | $0 | $0 |
| AARON GLOVER | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| TYLER LAMBE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| ROB MORSE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| JIORE CRAIG | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
| KENNY OSAKWE | DIRECTOR Trustee or director | 0.5 | $0 | $0 |
3 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| MIKE SHULLMAN | DIRECTOR Trustee or director | 0.5 | $0 |
| AILUN KU | DIRECTOR Trustee or director | 0.5 | $0 |
| KATHERINE DALY | DIRECTOR Trustee or director | 0.5 | $0 |
990 for the year ended June 30, 2024: 14 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| MAYA BHATTACHARJEE-MARCANTONIO | CO-FOUNDER & CHIEF PROG. OFF. Trustee or director, Officer | 40 | $191,346 | $3,781 |
| REUBEN OGBONNA | CO-FOUNDER & EXEC. DIRECTOR Trustee or director, Officer | 40 | $184,483 | $3,784 |
| HOLLINS GAUSE | VP. ADMISSIONS & RECRUITMENT Highest-paid employee | 40 | $159,683 | $14,430 |
| TRAVIS FOX | VP, STRATEGIC PARTNERSHIPS Highest-paid employee | 40 | $145,559 | $18,157 |
| ASHLEY LUSKY | SENIOR DIRECTOR, FINANCE & HR Officer | 40 | $127,554 | $17,632 |
| ALANI BASS | DIRECTOR,STRATEGIC INITIATIVES Highest-paid employee | 40 | $121,099 | $19,242 |
| ANA REYES MARTINEZ | Dir, Instructor Learning&Dev. Highest-paid employee | 40 | $114,616 | $19,615 |
| Mike Cronin | Director, Curriculum Highest-paid employee | 40 | $113,731 | $16,903 |
| AANKIT PATEL | CHAIR&Secretary thru 1/16/24 Trustee or director, Officer | 2 | $0 | $0 |
| TYLER LAMBE TREASURER | int. Chair/sec. as of 1/17/24 Trustee or director, Officer | 2 | $0 | $0 |
| AARON GLOVER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| TIFFANY MERRIWEATHER | DIRECTOR Trustee or director | 2 | $0 | $0 |
| ROBERT MORSE | DIRECTOR Trustee or director | 2 | $0 | $0 |
| NADJA SHAW | DIRECTOR Trustee or director | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 882 3RD AVE UNIT 10 # 1123, BROOKLYN, NY 11232-1902
- In care of
- % REUBEN OGBONNA
- Principal officer (990 for 2024)
- REUBEN OGBONNA, 882 THIRD AVENUE 1123, BROOKLYN, NY 11232
- Signed the 990
- REUBEN OGBONNA, CO-FOUNDER & EXECUTIVE DIRECTOR
- Phone
- (919) 621-9388
- Return prepared by
- SAX ADVISORS LLC
Mission
THE MARCY LAB SCHOOL IS AN ALTERNATIVE PATHWAY TO HIGH-GROWTH TECHNOLOGY CAREERS FOR YOUNG ADULTS. WE PROVIDE OUR STUDENTS WITH TECHNICAL TRAINING, LEADERSHIP DEVELOPMENT, AND DIRECT ACCESS TO EMPLOYMENT OPPORTUNITIES IN SOME OF THE FASTEST-GROWING SECTORS OF THE GLOBAL ECONOMY. IN DOING SO, WE CREATE ECONOMIC MOBILITY FOR OUR STUDENTS AND CREATE THE STRONGEST PIPELINE OF DIVERSE ENGINEERING TALENT IN THE COUNTRY.
Program accomplishments
- 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
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 83-3754699
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 2019
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B50)
- Assets (IRS master file)
- $10,481,298
- Income (IRS master file)
- $5,919,952
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | – | – | – | IRS |
| 990 | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $9,656,026 | $4,862,842 | $9,094,866 | IRS |
| 990 | June 2022 | $3,752,797 | $2,757,974 | $4,472,166 | IRS |
| 990 | June 2021 | – | – | – | IRS |
990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.
Questions about MARCY LAB INC
- What is the EIN of MARCY LAB INC?
- The employer identification number (EIN) of MARCY LAB INC is 83-3754699.
- Is MARCY LAB INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2019.
- Are donations to MARCY LAB INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does MARCY LAB INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of MARCY LAB INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did MARCY LAB INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of MARCY LAB INC?
- The 990 for the year ended June 30, 2025 names REUBEN OGBONNA.
- Who are the officers and directors of MARCY LAB INC?
- The 990 for the year ended June 30, 2025 lists 18 people; 7 received compensation from the organization, the highest $208,681 (MAYA BHATTACHARJEE-MARCANTONIO, CO-FOUNDER, PRESIDENT & CHIEF PROGRAM OFFICER).
- How much revenue does MARCY LAB INC have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $5,695,488, expenses of $6,302,685 and total assets of $10,481,298 at year end.
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