Message Boards

×

Notice

The forum is in read only mode.
×
Looking for advice? Join us on Facebook

Get advice, ideas, and support from other parent group leaders just like you—join our closed Facebook group for PTO and PTA Leaders & Volunteers .

Tax reporting

19 years 9 months ago #59709 by <Ed>
Tax reporting was created by <Ed>
I'm on a PTO Board that recently obtain EIN from the IRS for a non for profit orgainization; we are not tax exempt yet. Our profits are between 40 to 50 thousand a year. Our current Superintendent, who is also our district treasurer, does not want the PTO to write any checks to the school or give the PTO any written form of acknowledgment for programs or items PTO purchases for the school. The Superintendent feels that it will inflate the cost spent per student if the school were to acknowledge the PTO. My question is when it comes time to file taxes how does the IRS know that all of our funds are going to the school?
Time to create page: 0.046 seconds
Powered by Kunena Forum
^ Top