Treasurer's Notes
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IF YOUR LOCAL UNIT HAD REVENUE OF LESS THAN $50,000, WE HAVE GOOD NEWS FOR YOU
Both the Washington Secretary of State’s office and the federal Internal Revenue Service have taken steps to make life easier for PTAs and other nonprofits that receive less than $50,000 in a fiscal year.
PTAs that receive less than $50,000 during the fiscal year will no longer be required to register with
the Washington State Secretary of State’s Charities Program. Those PTAs that have already registered
should file the optional statement, which can be filed online for free!!
Prior to these changes, the threshold amount for both categories was $25,000. PTAs with incomes above $50,000 will continue to file either a 990EZ or a full 990 with the IRS, and file an annual renewal with the Washington Charities Program.
Both the Washington Secretary of State’s office and the federal Internal Revenue Service have taken steps to make life easier for PTAs and other nonprofits that receive less than $50,000 in a fiscal year.
PTAs that receive less than $50,000 during the fiscal year will no longer be required to register with
the Washington State Secretary of State’s Charities Program. Those PTAs that have already registered
should file the optional statement, which can be filed online for free!!
Prior to these changes, the threshold amount for both categories was $25,000. PTAs with incomes above $50,000 will continue to file either a 990EZ or a full 990 with the IRS, and file an annual renewal with the Washington Charities Program.
Important Information.
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Payment Due: when and why
October 25: Initial payment of Membership Service Fees is due. -- If the first fee payment is not received by this date, the local unit may be removed from the WSPTA mailing list and services will be suspended. -- Be sure to include your unit’s annual $5.00 required state fee. January 25: Second payment of Membership Service Fees due. -- The local unit membership count at this time determines the number of voting delegates to the WSPTA convention. (See WSPTA Bylaws for voting chart.) May 25: Final payment of Membership Service Fees due. |
