Is Mcgraw Elementary Parent Teacher Organization Legit?

Mcgraw Elementary Parent Teacher Organization appears to be a small, community-focused organization with limited financial activity. In its most recent filing (201107), the organization reported $24,061 in revenue and $20,316 in expenses, resulting in a modest surplus that contributed to its $10,955 in assets. The organization's liabilities were $0, indicating a healthy balance sheet for its size. Given its nature as a Parent Teacher Organization, its financial operations are likely straightforward and directly tied to school support. The organization's spending efficiency cannot be fully assessed without a detailed breakdown of program, administrative, and fundraising expenses, which are not provided in the summary data. However, the absence of officer compensation (0%) suggests that leadership is likely volunteer-based, which is common for PTOs and contributes to lower administrative overhead. Transparency is generally good for organizations that file public IRS Form 990s, but the limited data prevents a deeper analysis of specific financial practices or detailed program outcomes. Overall, Mcgraw Elementary Parent Teacher Organization seems to be a financially stable, albeit small, entity. Its primary focus is likely on direct support for the elementary school, and its financial health appears appropriate for its scale and mission. The lack of recent filings (since 2011) is a concern for current financial health and transparency.