PBUSA Plans Surprise Visit to Fair Lawn,
To celebrate ten years of continuous membership, Parent Booster USA has a surprise planned for its very first
member, the Lyncrest Parent Teacher Organization. PBUSA began with a handful of members who needed help with
managing the required government paperwork. Now the company has 2,300 members in 48 states and a 95% renewal
FORBES: Parent Booster Clubs - Raising Money For Your Own Kid Is Not
501(c)(3) organizations that compensate those who assist with fundraising activities by reducing fees or other
payments may risk losing their tax exempt status. Schools that provide tuition relief for parents who assist
with fundraising may be particularly vulnerable. Additionally, those who work as fundraisers in exchange for
reduced tuition or fees will be required to report taxable income.
Parent Booster USA Revises IFA
Parent Booster USA is providing new guidance to school support organizations on the use of individual
fundraising accounts (IFA) through which students and their parents are "credited" for fundraising activities.
PBUSA notes that while IRS rules regarding IFA's are unclear, the IRS is known to find these types of
cooperative fundraising activities to be illegal.
PBUSA Launches "Get Legal, Stay
Parent Booster USA's new video, Get Legal Stay Legal, emphasizes PBUSA's mission to help school support
organizations come into and remain in compliance with federal and state laws for tax exempt organizations.
White Paper Details School
Booster Club Fundraising Rules2010-12-14
The IRS has stated that the common school booster club practice of "crediting" students with some of the
earnings from fundraisers violates IRS private benefit rules. A new white paper released by Parent Booster USA
details the IRS rules, and how school booster clubs may determine if their fundraising practices are legal.
Schools Should Audit Their
Parent Booster USA is offering school administrators a new, free service, BoosterCheck, to ensure that their
school booster clubs and other school support organizations are using their own federal tax ID number and state
sales tax exemption certificates. In addition,through BoosterCheck, school admnistrators may determine if their
school booster clubs have complied with a new federal aw that requires all nonprofit organizations, regardless
of the amount of funds raised, to file an IRS tax return each year.
Parent Booster USA Announces
Free School Booster Group Workshops2010-08-03
Parent Booster USA is conducting free workshops to assist school administrators navigate the increasingly
complex rules and regulations for school booster clubs. Schools are relying more on booster clubs to fill gaps
created by cuts in federal and state education funding. However, there are significant knowledge gaps in how to
legally operate school booster clubs.
Parent Booster USA
Announces New No-Cost Memberships for School Administrators2010-04-27
With more school budget cuts looming, school administrators are turning to voluntary school booster clubs to
raise much-needed funds according to Parent Booster USA. PBUSA recently announced new, no-cost memberships for
school superintendents and prinicipals to help them get the most from their school support organizations.
Embezzlement of School
Booster Club Funds No Joking Matter2010-03-10
Thousands of dollars raised by school booster clubs and intended to build new school playgrounds, fund field
trips and other activities is being stolen. Parent Booster USA recently published new guidelines to assist
school support organizations develop and use proper financial procedures to safeguard school funds.
School Booster Clubs Not in Compliance with Tax Laws2010-01-12
Thousands of school booster clubs appear to be out of compliance with IRS rules and state laws requiring tax
returns to be filed. Failure to seek federal tax-exempt status, and file tax returns, raises significant
liability for school booster clubs and the schools for which these groups raise funds.
Accounting: Keeping track of school booster club fundraising2009-10-27
States are passing laws requiring school support organizations, including PTOs, band and athletic booster and
other booster clubs, to keep better track of funds and fundraising activities. Parent Booster USA, a national
organization that provides oversight and tax-exempt status to booster clubs has published model financial
guidelines to help booster clubs meet these new requirements.