Is Wateree Elementary Pto Legit?

Wateree Elementary PTO demonstrates consistent financial activity typical of a parent-teacher organization, with revenues and expenses fluctuating annually based on fundraising cycles and school needs. For the 202306 period, the organization reported revenues of $29,643 against expenses of $28,394, indicating a slight surplus. Their assets have shown growth, reaching $36,785 in 202306, up from $3,872 in 202106, suggesting effective management of funds. The organization consistently reports zero liabilities and zero officer compensation, which are strong indicators of financial health and a volunteer-driven model. The PTO's spending efficiency appears sound, with expenses generally aligning with or slightly below revenues in most periods, preventing significant deficits. For example, in 202206, they generated $42,381 in revenue while spending only $10,717, leading to substantial asset growth. The absence of officer compensation is a key strength, ensuring that all funds raised are directed towards the organization's mission. Transparency is high given the public availability of their 990 filings and the clear reporting of no liabilities or paid executives, which simplifies financial scrutiny. Overall, Wateree Elementary PTO exhibits responsible financial stewardship. Their consistent filing of IRS Form 990-EZ, coupled with the absence of executive compensation and liabilities, points to a well-managed, volunteer-led organization focused on its primary purpose of supporting the elementary school. The fluctuations in revenue and expenses are expected for an organization of this type, reflecting varying levels of fundraising success and programmatic needs year-to-year.