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Archive for the ‘Parent Group Insurance’ Category

More Flier Fuss for PTOs and PTAs

Monday, June 8th, 2009

This issue is creeping its way across the country.  Here, a PA district and its parent groups deal with after-effects of a lawsuit-driven ban on backpack express announcements.

My take on why these backpack express bans are nonsense was posted a few weeks back.

10 Years for PTO Embezzle

Wednesday, May 6th, 2009

Wow — this is the harshest sentence we’ve seen yet for a PTO or PTA embezzle case.  This Arkansas treasurer convicted of taking $23,000 (and that’s just what they can prove).

We do like the fact that this case was prosecuted and taken seriously. Too often, groups or schools try to sweep these cases under the rug or prosecutors downplay the damage.  Make no mistake — this is stealing from kids and violating a trust.  There’s also often even further damage to the support and involvement at a a particular school for years.

More than worth it to use smart, basic money hanbling procedures.  And to get insured.

Colorado PTO embezzle _ $15,000

Thursday, April 2nd, 2009

Former president from outside Denver arrested — after her kids tried to play lookout on her getaway effort  –  for stealing from her group.  Grrrr.

In this case, the method was forging her co-signers signature on dozens of checks.  Our most basic of financial best practices – making sure that a non-signer opens the checking statement each month — would have likely prevented this one.  Also hope they’re insured

 

Some people… ugh! PTO sued for tricky tray malfunctions.

Friday, March 20th, 2009

There’s a special, very warm place for someone who would sue the PTO because the raffle wasn’t run to the letter of the law.

That’s what happened in New Jersey.  The crime?  A couple of the organizers had a cocktail or two and the big raffle barrel wasn’t rotated/mixed enough. Give me a break, please! The original suit was for $15,000, but PTO settled for $1,000.  And now their fundraiser is less successful, as well.  I hope these folks sleep well at night now that they’ve protected the world from wine-drinkin’, barrel-half-rotatin’ school volunteers.  Good grief.

Varsity Gold Shuts Doors

Wednesday, March 4th, 2009

Looks like Varsity Gold won’t make it out of banruptcy.  We’re hearing that their recent Chapter 11 filing (which implies a re-organization) has been switched to a Chapter 7 filing (liquidation). I’m sure there are a lot of good people looking for work today, and I’m hoping that not too many groups are owed $$ from Varsity Gold.  Best wishes to all.

If you are a school scheduled with VG for spring or a group owed money, we’d love to hear from you, as our editorial team is right in the middle of covering this story.  editor@ptotoday.com

 

One of those months for Parent Group stealing cases. Ugh.

Thursday, January 8th, 2009

Over the ten years, we’ve been tracking PTO and PTA embezzle stories, two things have been true:  1) they just don’t seem to ever go completely away; and 2) there have been several periods where the volume seems to pick up markedly.  Sadly, I think we’re in one of those up-cycles now.  (Guess we should call it a down-cycle.

Here’s a bunch more:

Massachusetts town uncovers 4 cases.

Illinois HSA victimized.

As always, here’s our feature on preventing theft in your PTO or PTA group.  These basics steps are worthwhile. Please.

 

CT PTO embezzle (plus some heated comments)

Friday, January 2nd, 2009

Embezzle cases  — like this $10k case in Connecticut – drive me crazy for many reasons:

  1. They’re preventable with some basic checks and balances.
  2. It’s the worst kind of theft, stealing playgrounds and field trips and classroom supplies from kids
  3. (As the comments on that above-linked article show) they invite the worst kind of suspicions and chatter about the good work of PTOs and PTAs.

New Year’s Resolutions: don’t think this can’t happen at your school and don’t let this happen at your school.  And for good measure, get the modestly-priced PTO insurance that protects you even more.

Buyer Beware — Count Me In

Wednesday, December 31st, 2008

Looks like a possibly troubled PTA/PTO vendor – the Washington-based company called Count Me In.  Reports from Connecticut have several schools and PTAs out significant dollars.  Be careful. 

Covering Up a PTO Theft

Monday, December 8th, 2008

Leave it to the local news station to blow this up into some Watergate-level cover-up, but I think this media treatment of a school theft case is great evidence for my argument that groups should address these issues openly (and obviously enact systems changes immediately) if there’s a missing money issue.  This principal is far from alone in advocating a hush-hush treatment, but 1) these things almost always come out eventually (school communities aren’t widely known for a lack of rumors); and 2) groups and schools get far more credit and have far fewer problems when the issues are addressed profesionally and openly.

The media may have covered the story anyway, but the headline would have been about the poor PTO as victim and the lout who stole the money.  Instead, the story focuses on the principal and paints an unflattering picture of the school.

Worth re-linking to our “Financial Best Practices for PTOs” to help the next group avoid this issue altogether. Also hope these guys have PTO insurance to cover this kind of loss.

 

Vegas PTA burned in vendor bankruptcy

Tuesday, November 4th, 2008

This stinks. This group saved for years for a new school sign, paid a (too) large deposit, and now the sign company is gone. Poof.

My read: yes,l I realize the local vendor was only a franchisee of the national Sign-a-Rama chain, but that parent company needs to do the right thing here. There is a connection.

Better news: we have some great, reputable school sign vendors in our School Signs yellow pages.