Central Oregon Fuse Inc

“No review was or will be conducted.”

“No documents available to the public.”

“The board treasurer reviews and approves form 990 prior to all members of the board of directors being provided with an electronic copy of the proposed return. Directors were allowed four buisness day to review and make comments prior to submission.”

“Members of the board of directors are required to sign the conflict of interest policy and list potential personal or professional conflicts annually, and to abstain from voting on actions that could entail a conflict. Members of the executive committee review and make available the governance bylaws which include provisions to protect against conflicts of interest and financial oversight policies.”

“The executive committee's offer of employment to current executive director was based on data from comparable local nonprofit organizations as well as the nonprofit association of oregon's "2023 oregon nonprofit compensation & benefits report".”

“Website highlights links to the central oregon fuse profile on guidestar.com, which makes these forms readily accessible.”

“Supportive services for people experiencing long-term homelessness, improving community health, safety and stability.”

“In 2024, Central Oregon FUSE updated its approach to recognizing restricted grant revenue. Previously, restricted grants were recorded as income when received, regardless of when the related expenditures occurred. Beginning in 2024, revenue from restricted grants is recognized only as funds are spent in accordance with donor restrictions.Because some of these grant funds had already been reported as income on prior-year Forms 990, but are now deferred in the organization's internal financial statements until used, a one-time timing difference was created. The net assets reported on Form 990 include previously recognized revenue that is no longer reflected in the current-year financial statements under the revised approach.As a result, the ending net assets reported on Form 990 are $186,864 lower than those reported in the organization's internal financial statements. This variance reflects a one-time change in how restricted grant revenue is classified and does not indicate a misstatement in prior filings.”