Hi PTO Mom,
This is a great question. Often, groups figure out what they need as "start up costs'' and make sure that amount is carried over for the next school year. Start up costs would include any funds needed for back-to-school events, welcome packets, teacher breakfasts, or other activities the group does at the start of school. So, it depends on what your group's start-up events include.
I am wondering what other PTO's like to leave in their checking accounts as a cushion. In the past, we have left a substantial amount, but are now wondering if, as a non-profit, we should not be holding onto funds year to year.
Would anyone be willing to volunteer a ballpark amount of what your PTO likes to have as a cushion in their account, or any other thoughts on the subject?
