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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Has anyone heard of a PTA president using their own personal Venmo for donations? Sounds fishy...who is tracking where they are using their funds? Is this legal?[/quote]

This is a violation of IRS rules for 501-c-3 organizations. Co-mingling of personal and non-profit funds is not allowed as it is impossible to account for the money appropriately. Please report this to MCCPTA. The county organization has an interest in ensuring its members operate with appropriate financial practices.

https://www.mccpta.org/treasurer

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Get a life! This is not co-mingling personal and non-profit funds. It is perfectly legal and all you have to do is to keep track of where the money is coming from and what it’s for. It’s no different than collecting cash then depositing it at a bank. I was auditor at our PTA.

Of course the trust can be abused, but the issue is likely that the PTA doesn’t have enough volunteers to run things smoothly.

The solution is to buy a membership management system like Totem, https://jointotem.com/, and a financial management software like PTAEZ. Everything costs about $500 per year. But if the entire PTA budget is only a couple of thousands it doesn’t make much sense.

The people criticizing this practice probably never volunteered their time and just like to complain from the sidelines. Even the tone is pathetic, like “report it to the parent organization” lol!. Lady, your attitude sucks! How about offering your help?

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