Q&A: Finance & Budget

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Non-501 dues reporting
Where on a private school's 990 should PTO dues be reported - the PTO is not an independent nonprofit.
Asked by Anonymous in Finance & Budget

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PTO Bank Account and Money generated by individual departments in school co...
We have a PTO Bank Account. The school has clubs such as music, drama, PE that do their own fundraising....
Asked by Anonymous in Finance & Budget

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Legal Standing
I am a PTO President now starting my 3rd year. I never really pushed the issue but now parents are asking....should...
Asked by MBSEmily in Finance & Budget

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Advice needed
I have been elected Treasurer but was not aware what all was involved. I do not have any background in...
Asked by Anonymous in Finance & Budget

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Who is responsible for paying what (school district vs PTO)?
We have a current issue where the school district wants the PTO to pay ALL payments directly to vendors...
Asked by sriesing in Finance & Budget

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Donation to School from PTO funds
I am the treasurer of a local middle school. I have an ethical question. In the past, the PTO writes...
Asked by Anonymous in Finance & Budget

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Members being reimbursed
If a PTO member purchases something online and has a reciept for it do they need to wait until the product...
Asked by Anonymous in Finance & Budget

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Reimbursements on taxes
Our PTO this year is a brand new board. I am the treasurer. Due to some politics within the previous...
Asked by cavdog in Finance & Budget

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Disbanding our PTA
If we vote to disband our PTA by not renewing our dues and becoming a PTA in bad stand, can the National...
Asked by Ziggedy1 in Finance & Budget

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(4 responses)

Financial
The school's secretary keeps asking for a financial statement or bank statement. Is this normal? We just...
Asked by Anonymous in Finance & Budget