PTO Today Q&A

Q&A: Finance & Budget

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PTO Taxes
We just got incorporated this year and still working on the 501c3 paperwork, should be done soon. I am...
Asked by tonisee in Finance & Budget

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Bookkeeping Question/Reimbursable Expense
I'm stuck and we don't have an accountant yet. Does anyone know the correct way to record a reimbursable...
Asked by big5 in Finance & Budget

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President acting as Treasurer
We currently have a president who is also serving as our treasurer (even though we have a voted member...
Asked by Anonymous in Finance & Budget

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How to decide what expenditures to vote on?
We usually have a membership vote for many of our expenses. How do we decide which items to actually...
Asked by Anonymous in Finance & Budget

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501c3
Hi On benefit of our home school association, we were wondering if filing for a 501c3 would be beneficiation...
Asked by mae1019 in Finance & Budget

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School Closing and District Reconfiguring
My K-4 school is closing and my district is reconfiguring into grade centers in the fall. While the...
Asked by Anonymous in Finance & Budget

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(1 response)

Donating Money
Our PTO has been asked to donate a small amount of money to purchase materials for a group of students...
Asked by Anonymous in Finance & Budget

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Who Should Decide How Funds Are Spent?
I am the president of our school's parent association. I've only been in the position for a year and...
Asked by frcspie in Finance & Budget

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Checks not for the PTO
Some class parents decided to do a fund raiser for their class for a fieldtrip. They are doing it completely...
Asked by dlrk321 in Finance & Budget

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Fund raiser donatios when PTO not tax exempt
I am the new treasurer for our PTO. I found that our PTO has never filed for tax exempt status, I am...
Asked by lexjj11 in Finance & Budget

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