Laboratoria
Impact Rating

Laboratoria

Top Poverty Nonprofit

Impact: $4,200 increases the income for an underserved Latin American woman by $12,000.

Laboratoria meets the benchmark for high cost-effectiveness. The nonprofit increases income for a beneficiary by more than $1.50 for every $1 spent.

Note: The impact of this program may not be representative of the entire operation of Laboratoria .

Methodology

Governance: Passes checks

Mission

To support the education of young women from underserved backgrounds in Latin America.

Cause

Poverty

Rated Program

Laboratoria

Location

Latin America

Location

Brooklyn, NY

Website

laboratoria.la

Donations processed by the nonprofit.

Cause

Poverty

Rated Program

Laboratoria

Location

Latin America

Location

Brooklyn, NY

Website

laboratoria.la

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Rated Program

Program

Laboratoria

Activities

Through a rigorous selection process, Laboratoria identifies applicants who demonstrate need and potential. Selected applicants go through a 6-month bootcamp to learn front-end development and U.X. design, after which they are placed in jobs with tech companies.

Program Type

Workforce Training

Beneficiaries Served

People living in poverty

Geography

Latin America

Outcomes: Changes in people's lives. They can be caused by a nonprofit.

Costs: The money spent by nonprofits and their partners and beneficiaries.

Impact: The cost to achieve an outcome.

Cost-effectiveness: A judgment as to whether the cost was "worth" the outcome.

Outcomes

Outcome Metric

Increase in income for an underserved Latin American woman.

To calculate impact, we estimate how many outcomes the nonprofit caused.

Data Source

Outcome data collected in two stages. Baseline data comes from online applications for the bootcamp. This information is then compared with post-program analysis. Laboratoria conducts quarterly surveys to collect data from participants including income, career satisfaction and abilities.

Time Period of Data

Jan. 1, 2017, to Aug. 31, 2017

Ratings are based on data the nonprofit itself collects on its work. We use the most recent year with sufficient data. Typically, this data allows us to calculate direct changes in participants' lives, such as increased income.

Method for Attributing Outcomes

Laboratoria attributes most of the change in participants' income to its program because it targets young women from underserved backgrounds and only requires them to pay for their bootcamp training after graduating and securing a job in tech.

To determine causation, we take the outcomes we observe and subtract an estimate of the outcomes that would have happened even without the program.

Cost

Data Source

Cost data reported by Laboratoria and data and assumptions about partner and beneficiary costs.

All monetary costs are counted, whether they are borne by a nonprofit service deliverer or by the nonprofit’s public and private partners.

Impact

Impact Statement

$4,200 increases the income for an underserved Latin American woman by $12,000.

We calculate impact, defined as the change in outcomes attributable to a program divided by the cost to achieve those outcomes.

Rating

Benchmark for Rating

Impact ratings of workforce training programs are based on income generated relative to cost. Programs receive 5 stars if they increase income for a beneficiary by more than $1.50 for every $1 spent and 4 stars if income increases by more than $0.85 for every $1 spent. If a nonprofit reports impact but doesn't meet the benchmark for cost-effectiveness, it earns 3 stars.

Determination

The nonprofit increases income for a beneficiary by more than $1.50 for every $1 spent.

Why We Could Be Wrong

We welcome your suggestions for improving our methodology. Our methodology section includes explanations of how we mitigate these issues.

  • The outcome could oversimplify total impact. Using “increased income” as the metric of analysis may not intuitively convey the potential downstream benefits of participating in a workforce training program, such as reduced financial stress.
  • There could be multiple important outcomes not captured in our analysis.
  • Laboratoria may be spending additional money in order to serve harder-to-reach and/or particularly valuable populations.
  • In the absence of better data, we assume uniform counterfactual rates for programs, at the risk of masking variation across nonprofits.
  • Our estimates rely on data made public by Laboratoria on its website, annual reports, financial statements and Form 990s.
  • We only analyze programs that meet our criteria. As a result, this report may not fully reflect the impact of Laboratoria .
  • We do not assess what explains the nonprofit's cost-effectiveness.

We assign a rating to the nonprofit using the rubric:

  • There are indications of governance or financial health issues at the nonprofit.

  • After being given an opportunity, the nonprofit chose not to publish impact information.

    We are not yet issuing this level of star rating.

  • The rated program does not meet our benchmark for cost-effectiveness.

  • The rated program is cost-effective.

  • The rated program is highly cost-effective.

Read More

Nonprofit Comment

Not provided. This may be because we lacked contact information for Laboratoria or it chose not to comment. If you are a representative of this nonprofit, contact us to review and comment on your rating.

Before publishing, we ask every nonprofit we can to review our work, offer corrections and provide a comment.


Analysis Details

Analysis conducted by ImpactMatters and published on November 22, 2019.

This rating is based on data reported by Laboratoria using ImpactMatters' impact reporting platform. Using data from the platform, ImpactMatters analysts calculated impact and assigned a rating.

We welcome corrections. If you are interested in exploring applications of ImpactMatters data, contact us at partnerships@impactmatters.org.

Governance Check

Laboratoria passes our governance check.

Overhead spending is reasonable (<35% of total spending)

Charity Navigator has not issued a fraud or mismanagement advisory

Laboratoria itself has not reported any material diversions of assets

Laboratoria itself has not reported any excess benefit transactions

Source: Laboratoria Form 990 and Charity Navigator

How We Calculate Impact

This rating is based on ImpactMatters analysis of the impact of Laboratoria relative to costs. Impact is the change in the social outcomes of people served by the program, net of the change that would have happened even without the program (the “counterfactual”); divided by cost. Learn more.

For Donors

A guide to our process for analyzing nonprofits and assigning ratings.

For Nonprofits

Learn about best practices for reporting impact for different program types.

For Researchers

Our collected guidelines on how we analyze impact of nonprofit programs.

Rating is a complex exercise and we urge you to read our frequently asked questions for details of how and why we issue these ratings.