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DC Public and Public Charter Schools
Reply to "Powell PTA theft and other DCPS schools with large PTA budgets. "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]If they are big enough they have to file a Form 990 with the IRS, and that's public. They should also have insurance and bonding against theft.[/quote] +1 and ours (many moons ago) also had annual audits by an independent accounting firm. The budget was posted on the HSA website. Basically, the parents involved have professional lives and reputations, so they weren't going to risk that for an HSA; thus everything was by the book and transparent.[/quote] Except for that one hiccup with the (former) USAid contractor in charge of compliance and monitoring.[/quote]
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