Overview
What is Fab Lab Tulsa Inc?
Fab Lab Tulsa Inc, situated in Tulsa, Oklahoma, serves as a nonprofit organization that promotes education, community engagement, workforce development, and business advancement. Through their K-20 education program, they encourage teachers to introduce various engineering disciplines, such as mechanical, electrical, chemical, and structural engineering, along with computer science, math, and art. Students at Fab Lab Tulsa gain hands-on experience by envisioning, designing, building, testing, and refining their ideas using 2D and 3D design software and digital fabrication tools. The lab also offers open community access to advanced manufacturing and digital fabrication tools, equipment, technology, and resources, promoting innovation, design-thinking, problem-solving, and change-making. With a mission to empower the community, Fab Lab Tulsa aims to teach these skills while providing a platform for applied learning and creativity, which are essential in today's economy.
Official website here: www.fablabtulsa.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
Fab Lab Tulsa Inc demonstrates exceptional financial accountability and transparency, as indicated by its perfect score of 100% in Accountability & Finance. The organization boasts an entirely independent board, strong oversight through its Audit and Oversight Committee, and no reported material diversions of assets. It also excels in its financial ratios, showing a low liabilities-to-assets ratio and a high program expense ratio, signaling efficient resource allocation towards its mission.
Additionally, Fab Lab Tulsa Inc scores equally high in Culture & Community, reflecting its commitment to stakeholder engagement and feedback utilization. The organization has established effective mechanisms for collecting and using feedback from the community, reinforcing its responsive practices and alignment with community needs. This engagement not only enhances trust but also strengthens the organization’s standing within its community.
No significant limitations were noted in the data, showcasing a well-governed organization that prioritizes transparency, accountability, and community involvement. Overall, Fab Lab Tulsa Inc presents a strong model for nonprofit effectiveness and integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Fab Lab Tulsa Inc legitimate?
Fab Lab Tulsa Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Fab Lab Tulsa Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $71,387
Professional Fundraising Fees: $0
Other Salaries and Wages: $243,280
For more financial information, click here
Official website here: www.fablabtulsa.org
What is the mission statement of Fab Lab Tulsa Inc?
Fab Lab Tulsa's mission is centered around empowering its community. They accomplish this by providing education, community, workforce, and business programming that fosters innovation, design-thinking, problem-solving, and change-making. This is complemented by open access to contemporary digital fabrication tools, equipment, and technology. Through its educational programs, Fab Lab Tulsa aims to enhance learning in core subjects like math and science, while also developing skills in applied problem-solving, critical thinking, and creativity, all of which are vital in today's economy. The lab's K-20 education program introduces various engineering disciplines and computer science, enabling students to transform their ideas into tangible creations using 2D and 3D design software and digital fabrication tools.
Official website here: www.fablabtulsa.org
Who is the CEO of Fab Lab Tulsa Inc?
Justin Heinecke is the President of Fab Lab Tulsa Inc.
Official website here: www.fablabtulsa.org
What is the revenue of Fab Lab Tulsa Inc?
Fab Lab Tulsa Inc's revenue in 2022 was $1,112,104.
Official website here: www.fablabtulsa.org
Who are the executives of Fab Lab Tulsa Inc and what are their salaries?
The average compensation at Fab Lab Tulsa Inc during 2022 was $44,952. There are 7 employees and 68 volunteers at Fab Lab Tulsa Inc.
Here are 17 key members and their salaries:
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Official website here: www.fablabtulsa.org
Where can I find the form 990 for Fab Lab Tulsa Inc?
Fab Lab Tulsa Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fablabtulsa.org
Learn more at the official website: www.fablabtulsa.org
Mission Statement of Fab Lab Tulsa Inc
Fab Lab Tulsa, a dedicated organization, is committed to empowering its community by offering a range of educational, community, workforce, and business programs. The primary focus of these programs is to foster innovation, design-thinking, problem-solving, and change-making skills. Beyond these educational initiatives, Fab Lab Tulsa provides open access to advanced digital fabrication tools, equipment, and technology. This combination of education and access to modern technology aims to equip individuals with the skills necessary to navigate the 21st century.
In the realm of education, Fab Lab Tulsa collaborates with educators to introduce various engineering disciplines and core subjects to students from Kindergarten to college level. The students are encouraged to apply theoretical concepts through hands-on experience with design software and digital fabrication tools. This approach not only strengthens their understanding of subjects like math and science but also develops their problem-solving, critical thinking, and creativity skills, which are essential in today's economy.
In summary, Fab Lab Tulsa's mission is to empower its community by delivering programs that nurture innovation, design-thinking, and problem-solving skills. By providing access to cutting-edge digital fabrication tools and technology, the organization aims to equip individuals with the necessary skills to succeed in the modern world. The educational programs at Fab Lab Tulsa are designed to enhance core subjects while fostering critical thinking and creativity, making it an invaluable resource for the community.
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Impact
October, 2024
Fab Lab Tulsa Inc has a significant impact on the community by delivering educational initiatives that equip individuals with essential skills in innovation, design-thinking, and problem-solving. Through its K-20 education program, Fab Lab Tulsa cultivates a strong foundation in various engineering disciplines and computer science, enriching students' understanding of complex concepts through hands-on experiences with cutting-edge technology and digital fabrication tools.
The lab fosters an environment where creativity and critical thinking thrive, allowing participants to envision, design, build, test, and refine their projects. This experiential learning approach not only enhances core subjects like math and science but also prepares individuals for the demands of the modern economy. By providing access to advanced manufacturing resources, Fab Lab Tulsa supports workforce development and entrepreneurship, empowering community members to become change-makers in their fields.
The overall mission of Fab Lab Tulsa is to enable community empowerment through education and skill-building, ensuring that individuals are well-prepared to tackle challenges and seize opportunities in an ever-evolving technological landscape.
This information is meant to be a general summary of Fab Lab Tulsa Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Program Service Revenue: $156,403
- Gross Receipts: $1,131,717
Assets and Liabilities:
- Total Assets: $4,805,990
- Total Liabilities: $271,261
- Net Assets: $4,534,729
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Consultation & Training
Revenue
$50,390
Education Programs
Revenue
$73,683
Membership Dues & Assessments
Revenue
$19,605
Other Programs
Revenue
$12,725
Organization Details
Founding Year
2010
Phone
(918) 779-6025Principal Officer
Justin Heinecke
Main Address
501 S Lewis Ave, Tulsa, OK, 74104
Website
www.fablabtulsa.orgNTEE Category
Code: A25 - Arts
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