MARCY LAB INC (EIN 833754699) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2019

Legal Domicile

Principal Officer

REUBEN OGBONNA

Phone

9196219388

Tax Period

2024-07-01 to 2025-06-30

MARCY LAB INC, founded in 2019, is a community nonprofit in the Education sector that reported $5.7M in total revenue in fiscal year 2024. Revenue fell 41% from the prior year — a significant decline worth monitoring. Expenses of $6.3M exceeded revenue, resulting in a 11% operating deficit.

Mission

OUR FELLOWSHIPS PROVIDE AN EXCEPTIONAL POST-SECONDARY EDUCATION EXPERIENCE THAT PROPELS YOUNG ADULTS INTO FINANCIALLY REWARDING AND PURPOSE DRIVEN CAREERS IN THE TECH SECTOR.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,680,327

Program Service Revenue $0

Investment Income $15,161

Other Revenue $0

TOTAL REVENUE $5,695,488

Expense Breakdown

Grants Paid $176,115

Salaries & Benefits $3,773,943

Fundraising Expenses $249,106

Program Expenses $5,023,096

Other Expenses $2,352,627

TOTAL EXPENSES $6,302,685

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,695,488	$9,707,056	-0.4%
Expenses	$6,302,685	$6,215,574	+0.0%
Net Income	$-607,197	$3,491,482	-1.2%

Key Indicators

✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

120

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$436,812

Total Directors

$436,812

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ERICA HAMILTON	CHAIR	2.00	Officer Director	$0	$0	$0
TIFFANY MERIWEATHER	SECRETARY	1.00	Officer Director	$0	$0	$0
ABBY MARQUAND	TREASURER	1.00	Officer Director	$0	$0	$0
AARON GLOVER	DIRECTOR	0.50	Director	$0	$0	$0
TYLER LAMBE	DIRECTOR	0.50	Director	$0	$0	$0
ROB MORSE	DIRECTOR	0.50	Director	$0	$0	$0
JIORE CRAIG	DIRECTOR	0.50	Director	$0	$0	$0
KENNY OSAKWE	DIRECTOR	0.50	Director	$0	$0	$0
MIKE SHULLMAN	DIRECTOR	0.50	Director	$0	$0	$0
AILUN KU	DIRECTOR	0.50	Director	$0	$0	$0
KATHERINE DALY	DIRECTOR	0.50	Director	$0	$0	$0
REUBEN OGBONNA	CO-FOUNDER & EXECUTIVE DIRECTOR	40.00	Officer Director	$208,681	$6,260	$214,941
MAYA BHATTACHARJEE-MARCANTONIO	CO-FOUNDER, PRESIDENT & CHIEF PROGRAM OFFICER	40.00	Officer Director	$208,681	$13,190	$221,871
HOLLINS GAUSE	HEAD OF GROWTH & ADMISSIONS STRATEGY	40.00	Highest	$171,878	$18,565	$190,443
TRAVIS FOX	HEAD OF STRATEGIC PARTNERSHIPS	40.00	Highest	$136,040	$11,797	$147,837
ASHLEY LUSKY	SENIOR DIRECTOR, FINANCE & HR	40.00	Highest	$142,804	$18,002	$160,806
ANA REYES MARTINEZ	SENIOR DIRECTOR	40.00	Highest	$138,056	$22,318	$160,374
BEN SPECTOR	HEAD INSTRUCTOR, SOFTWARE ENGINEERING	40.00	Highest	$124,213	$25,504	$149,717

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$5,695,488	$6,302,685	$10,481,298	$-607,197
2024	No data	No data	No data	No data
2023	$9,656,026	$4,862,842	$9,094,866	$4,793,184
2023	$8,932,333	$4,862,842	$8,371,173	$4,069,491
2022	$3,752,797	$2,757,974	$4,472,166	$994,823
2021	$2,149,942	$903,729	$1,488,117	$1,246,213
2020	$452,434	$287,042	$253,476	$165,392

MARCY LAB INC