Impact Statement
This impact rating was produced using a previous methodology that is not updated to reflect inflation, and we are therefore unable to generate a dollar-specific impact statement.
Program Context
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.
Data Time Period
1/1/17 to 8/31/17
Benchmark for Scoring
Impact & Results score of this program is based on the incremental cost to increase the earnings of beneficiaries. If the program provides an increase earnings at a value greater than $1.50 for every $1 spent, it is deemed highly cost-effective. If the program provides increased earnings for more than $0.85 for every $1 spent, it is considered cost-effective. If the nonprofit doesn't meet this benchmark for cost-effectiveness, it earns a score of 65.
This nonprofit's cost per meal is less than 125% of the local meal cost.
Methodology
Nonprofit submission
Data Source
These data were submitted directly by the nonprofit.