June Checklist for Running Your PTA
Ongoing Tasks Attend any board and membership meetings Read meeting minutes and offer corrections Prepare reports for board and membership meetings Get educated: take advantage of in-person and online training opportunities Be familiar with your responsibilities and fulfill them Review and ask questions about the monthly financial report Actively engage in a plan for membership…
Category:
Leadership
Managing your Nonprofit PTA
The financial management of the PTA is the responsibility of the entire board of directors. Learn basic financial skills to manage and track PTA funds, online accounts, legal obligations to maintain your tax-exempt status and other considerations. This training is recmended for all elected officers and board members.
Tip of the Week – June 23
Financial Review Every PTA must conduct a year-end financial review, as specified in the WSPTA Uniform Bylaws. This is a PTA requirement, through the WSPTA Standards of Affiliation, required by fidelity bond insurance, and an important business practice. The year-end financial review should be completed no later than August 31 and should cover the period…
Category:
Leadership
Tip of the Week – May 19
Budgets Should Align with the Stated Purpose of Your PTA PTA funds must be spent on PTA purposes. Check to make sure that your PTA’s budget and activities are aligned with your PTA’s purposes. Each PTA submitted an IRS Form 1023 or an IRS Form 1024 when they applied for nonprofit status (501(c)(3) or 501(c)(4)).…
Category:
Leadership
Tip of the Week – January 13
Mid-Year Financial Reviews: The time is now to start planning An annual financial review is required by WSPTA Uniform Bylaws but conducting a mid-year review may be required by your local PTA standing rules. Even if it isn’t, a mid-year review covering July – December is still a good idea. It can provide early feedback for the treasurer, expose any potential problems, and…
Category:
Leadership
Council Financial Reviews
The council financial review is more than just a requirement to be checked off a list – it is an opportunity! The council’s financial review is a chance to involve local PTA members in the work of the council with a short volunteer opportunity. This increases the council’s transparency with its members and develops the…
Category:
Governance
Online Financial Review
Thank you to Northshore Council PTSA 6.10 for allowing WSPTA to share their recent blog post on our site. Governance. Powered by PTA. Financial Reviews right now can be an overwhelming prospect. As a treasurer, you want to make sure your review committee can access all documents easily and smoothly with the added difficulty of…
Category:
Governance