Q&A: Finance & Budget

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So many questions - Audit, book balancing and help!
I'm the President of our PTO and this is my first year in this position. Last year I was president-elect,...
Asked by Tabitha0324 in Finance & Budget

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Voting Rules
Is there a minimun amount of members participating in a vote required? Our by-laws are very high level...
Asked by Df.asha in Finance & Budget

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PTO using school's EIN - how does this work?
Our PTO uses the district's EIN for its bank account. Does this make it a committee of the district...
Asked by bythebook in Finance & Budget

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Missing Statements
I have resigned as President of PTO. It came to my attention that for the past three years the ones who...
Asked by Anonymous in Finance & Budget

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Need answers
Our school has a PVo. It's a parent volunteer organization. We were told any money raised by them did...
Asked by Anonymous in Finance & Budget

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Principals Funds
I am the new President of our PTO and in the past the principal has asked the PTO to deposit funds into...
Asked by Anonymous in Finance & Budget

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PTO funds used to pay for field trips
Can the PTO use funds to pay for field trips that will only benefit a select few students? Is it ok to...
Asked by Anonymous in Finance & Budget

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funds for scholarships
We are a PTO with non profit status and our own tax id. The school wants to use funds for "scholarship"...
Asked by redmarmie in Finance & Budget

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booster
Currently we have an active PTO with a non profit status and tax id. The school wants "booster" club...
Asked by redmarmie in Finance & Budget

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IEN to 501c3
If our PTO takes the step to have our own EIN number are there any reporting requirements that would...
Asked by KA_4 in Finance & Budget