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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][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?

[/quote]

There is zero reason or excuse to use your personal accounts as a PTA board member.  You don't seem to get how it works.  We have a few thousand budget and we made it work and never ever too money directly.  We would just use a spreadsheet as we couldn't afford a software program.[/quote]

It sounds like you never volunteered for your PTA, I was actually very involved and know how it works. Nobody is going to say, send me school donations to my personal Venmo. The option is check, cash, credit card, and square (nobody is using it now). Occasionally someone will say, can I just Venmo the money? For convenience people will say, ok, here’s my Venmo I’ll transfer it to the school. I never took money, but I did give a donation to an officer that way. Is it possible she stole the money? Yes, but it could be the same with giving cash, it could not have been deposited.

If you’re not comfortable with Venmo, just say you prefer to pay in another way. If it’s a transaction between the president and another person, just stay out of it and give them the benefit of the doubt that they worked out an arrangement out of convenience and it’s none of your concern. Most people in the PTA volunteer because they care. To suggest reporting it as a crime is tacky and tasteless to say the least. [/quote]

Actually I have far more experience than you and as that person I never accepted venmo.  I gave them the school options, cash or check but we discouraged cash heavily.  We use square and it's worked well.  It has lots of payment options.  It absolutely is my concern as when there isn't enough money in ours, guess who pays for things or has to scramble for donations?  ME

Lots of options.  [/quote]

You have no idea whether you have far more experience than PP because this is an anonymous message board. [/quote]

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