Q&A: Finance & Budget

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is 501c3 benefit for our school?
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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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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What do you use to reconcile checkbook as Treasurer?
Our past treasurer downloaded QuickBooks (her own software) to my computer to use in the reconciliation...
Asked by BoyntonPTO in Finance & Budget

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How do you fill out your 1099-MISCs
At my previous school, I used to use filetaxes.com to submit 1099-MISCs. At my current school, we have...
Asked by gjcoram in Finance & Budget

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Board approves $2500 expenditure without notifying membership
The PTO board approved an expenditure for a "volunteer" to be paid for teaching the students dance during...
Asked by Anonymous in Finance & Budget

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Tax exempt status for a PTO
I am a newly elected Treasurer for a small PTO. I need to find out if we can become tax exempt and how...
Asked by Anonymous in Finance & Budget