Q&A: Finance & Budget

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(1 response)

New PTO - do we need 501c3?
I was elected as the New PTO president, this school has been around for years and has had a PTO in the...
Asked by crystalvaldez01 in Finance & Budget

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(2 responses)

Money Raised by Children is Spent on Children
I have always followed the rule that any money raised by children was to be spent on children. My son's...
Asked by DanaLee2003 in Finance & Budget

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(1 response)

Listing a PTO with the state
How do you list a PTO with the state so you can have the proper bank account open?
Asked by jschnoor in Finance & Budget

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(1 response)

How do other PTOs handling purchasing?
Do other groups buy in bulk or buy in limited quantity for specific events? Our group favors buying...
Asked by Anonymous in Finance & Budget

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(1 response)

Problem with President's spending
We have a tiny PTO group. Our President currently purchases most items for all our events and keeps the...
Asked by dkmurphy in Finance & Budget

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(4 responses)

Deposit School funds in PTO account
Is it legal to accept funds raised by the school (for a school promoted program) for a temporary deposit...
Asked by KayZee in Finance & Budget

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(5 responses)

Paying Taxes?
Our principal heard that our PTO may have to pay taxes if we earn over a certain amount or hold more...
Asked by Anonymous in Finance & Budget

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(1 response)

Thanking Board Members
A board member, who has worked tirelessly for two years to raise funds for our school, is moving out...
Asked by Anonymous in Finance & Budget

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(2 responses)

Tax returns
I am the new treasurer for out PTO. The president was around last year but really doesn't know much....
Asked by Roseydaisy11 in Finance & Budget

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(3 responses)

Buying math books
We are being ask to spend 5200 on math books for grades k-2 I was just wondering if that is something...
Asked by Anonymous in Finance & Budget