PTO Today Q&A

Q&A: Finance & Budget

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Can a principal or superintendent force a PTO to hand over funds and give s...
We acquired a new superintendent approximately 10 months ago. He has gone after the different booster...
Asked by Anonymous in Finance & Budget

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(1 response)

Filing form 990
we have an EIN number but have not filed for tax-exempt status because we only bring in $500 per year,...
Asked by Anonymous in Finance & Budget

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(1 response)

PTO funds for utilities
Should the PTO of a charter school be required to pay the schools utility bills, rent?
Asked by kilrqueen in Finance & Budget

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Bank Account
I would like to know that is it up to the principle on what type of bank account we have? I went to the...
Asked by Anonymous in Finance & Budget

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(1 response)

With disband of PTA, can the PTA donate to the already established PTO?
With disband of PTA, can the PTA donate to an already established PTO within the same school? We are...
Asked by emilygrunewaldmk in Finance & Budget

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(1 response)

Issuance of 1099-MISC
What does everyone recommend on issuing 1099-MISC? From a brief review of the rules it appears that I...
Asked by tvmangum in Finance & Budget

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(1 response)

Minimum balance
Our group saved up a bunch of money the past few years so we could try a different kind of fundraiser...
Asked by cadahlen in Finance & Budget

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(1 response)

501c3 - do we qualify
An answer to a previous question I had regarding should we be filing some return said to seek 501c3 status....
Asked by Anonymous in Finance & Budget

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(2 responses)

Safe access
My pto just bought a safe for deposits and funds to be kept in until it can be taken to the bank. Our...
Asked by Anonymous in Finance & Budget

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(2 responses)

Should we be filing some IRS return?
We became a PTO 3 years ago and got an EIN to open an account. We only charge membership dues which is...
Asked by Anonymous in Finance & Budget

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