Notes to SEFA
Expenditures reported on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.
The Organization received noncash awards in the form of computer equipment and licenses and information technology services from the Oregon Department of Education. These noncash awards are reported on the Schedule at fair value and totaled $87,132.