Money Matters
 PTA - Working Exclusively on Behalf of Children and Youth |
Welcome to Money Matters!
Every organization must be careful to handle money properly and it can be a challenge to find your way through the rules and regulations. This section will provide the latest information and resources to assist you. Highlights on this page:
Articles
- Reminder to File 990, 990EZ, or 990N - Don't Miss your Filing Date! - This is a reminder to file a 990, 990EZ, or 990N tax form for organizations with a tax-exempt status with the IRS. State PTAs and local units should take steps to file on time.
- When PTA Funds are Considered School Funds - Not sure how these guidelines apply to your PTA?
- Top 10 Ways to Protect Your PTA Against Embezzelment - Association Insurance Management provides their top 10 recommendations for avoiding embezzelment problems. Top 10 Checklist
Resource Documents
- NEW! - Raffles - State of Alabama Attorney General's Memorandum on Raffles - Read more on why you should not hold raffles to benefit any organization (pdf).
- New Financial Guidelines effective July 1, 2008 - The Alabama Department of Education released "Guidelines for Financial Operations of School-Related Organizations" in November 2007. The guidelines should have been fully implemented no later than July 1, 2008. Read a copy of the guidelines (pdf).
- Financial Statements - Types of Financial Statements, a description the most common formats: Compilations, Reviews and Audits. Read more on financial statements (pdf).
Alabama PTA
The Alabama PTA is the strongest statewide organization working exclusively on behalf of children and youth. Founded in 1911, Alabama PTA's primary objective is to strengthen the family unit through parent involvement.