Fab Lab Tulsa Inc

“The governing documents of the organization were amended to include the university of tulsa as the sole member of the organization.”

“The sole member of the organization is the university of tulsa, an oklahoma not-for-profit corporation.”

“The sole member appoints the directors of the organization.”

“The sole member's approval is required for the following actions: a. Adopt or materially revise fab lab tulsa's annual budget and/or long-range strategic plan. B. Make capital expenditures not contemplated by the annual budget and exceeding an amount that may be specified by the sole member from time to time. C. Acquire or upgrade technology not contemplated by the annual budget and exceeding an amount that may be specified by the sole member from time to time. D. Enter into a new or expanded affiliation. E. Adopt or amend the certificate of formation or bylaws of fab lab tulsa on any material respect, other than administrative changes. F. Merge, dissolve, or transfer all or substantially all of fab lab tulsa's assets. G. Adopt or amend fab lab tulsa's mission statement. H. Create a taxable or tax-exempt subsidiary. I. Acquire a controlling interest in another entity. J. Appoint outisde auditors. K. Select fab lab tulsa's executive director.”

“An independent cpa firm prepares and reviews the form 990. A draft is distributed to the finance committee for comments, corrections, and/or concerns. Once accepted, a final draft is submitted to the full board of directors for review and acceptance.”

“Fab lab tulsa , inc is governed by the policies and procedures of the university of tulsa and its board of trustees. Each trustee formally disclosed to the president any interest such trustee holds that may give rise to an actual, apparent or appearance of conflict of interest in a transaction affecting the university.”

“Members of the public who express an interest in the affairs of Fab Lab Tulsa may review the annual Form 990 upon request by contacting the Executive Director or the organization during normal working hours at our primary place of business. In addition, the annual Form 990 is available for review at the website www.guidestar.org.”

“(Expenses $ 8,896 including grants of $ 0)(Revenue $ 381) Community: Maker Faire Tulsa is a community outreach program of Fab Lab Tulsa that is free to the public to attend and attracts primarily children and families, from across northeastern Oklahoma. This award-winning, family-friendly event celebrates technology, education, science, arts, crafts, engineering, and making of all kinds.”

“(Expenses $ 3,559 including grants of $ 0)(Revenue $ 761) Workforce: Manufacturing is undergoing a digital transformation that is changing the future of work with smart manufacturing that relies on high-tech systems. The workforce program at Fab Lab Tulsa teaches design thinking and digital fabrication skills targeted at recent high school graduates who are not headed to college and adults seeking to reskill and upskill to meet the rapidly changing environment of industrial digitalization. The program covers the topics of 3D printing, precision laser cutting, CNC milling and electronics, with hands-on learning utilizing a project-based approach where students document their work and build a digital online resume and portfolio to share with future employers.”

“Adjustment to FMV - -2692079;”