Who told you this?
If that's true, what's allowing older org.s to fundraise over that limit?
Sounds like a much of huey to me.

We are a brand new school and have just obtained our Non Profit status. We have been told that PTO's, Booster Clubs, etc. are no longer able to obtain tax exempt status if they have more than 2 fundraisers per year earning more than $10,000 each. Has anyone had any experience with this. I'm completely new at this and feel like I have been fed to the wolves! Any help would be greatly appreciated.