Richland P T O
- Assets
- $54.3k
- Revenue
- $59.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Johnstown, PA
- Founding
- 05/1997
- Data as of
- 06/2023
- EIN
- 25-1802849
Organization Overview
Richland P T O is located in Johnstown, PA. The organization was established in 1997. According to its NTEE Classification (B94) the organization is classified as: Parent & Teacher Groups, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Richland P T O is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2023, Richland P T O generated $59.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.2%) each year. All expenses for the organization totaled $48.3k during the year ending 06/2023. As we would expect to see with falling revenues, expenses have declined by (3.6%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE PURPOSE OF THE RICHLAND PTO (PARENT TEACHER ORGANIZATION)IS TO ENHANCE AND MAXIMIZE THE EDUCATION OF EVERY CHILD WHILE AIDING THEM IN ACHIEVING THEIR HIGHEST POTENTIAL BY PROVIDING FINANCING THROUGH VOLUNTEERS PARTICIPATING IN FUND RAISERS AND SPECIAL EVENTS TO ACHIEVE THESE GOALS. THE PTO SPONSORS ASSISTANCE TO TEACHERS IN CLASSROOM SETTINGS, HELD 10 FUND-RAISERS TO RAISE MONEY TO SUPPORT THEIR ACTIVITIES FOR SUPPLEMENTAL EDUCATIONAL MATERIALS AND EXPERIENCES, SUPPORTS SCHOOL AND FAMILY SOCIAL INTERACTION, AND PROVIDES A NON-BIASED FORUM FOR SHARING INFORMATION ON ISSUES THAT IMPACT THE STUDENTS. THE FUNDS THAT ARE RAISED ARE USED TO PROVIDE FIELD TRIPS, ENRICHMENT PROGRAMS, FUNDING FOR PERFORMING ARTS, AND PURCHASING SCHOOL SUPPLIES. THE ORGANIZATION INCURRED EXPENSES TOTALING $21,174 IN SUPPORTING THESE OBJECTIVES.LARGEST ACTIVITY- PROVIDE STUDENTS WITH FIELD TRIPS $12,049
PROVIDE STUDENT PLANNERS AND DATE BOOKS
PROVIDE STUDENT OF THE MONTH AWARDS
PROVIDE TEACHER APPRECIATION AWARDS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Molly Statler Treasurer | 5 | $0 | |
Melinda Yorchak Vice President | 3 | $0 | |
Christine Timura Secretary | 5 | $0 | |
Sharon Korzi President | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,000 |
| Interest on Savings | $26 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $57,743 |
| Total Revenue | $59,769 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $26 |
| Other expenses | $47,515 |
| Total operating and administrative expenses | $48,316 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $48,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $54,336 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $54,336 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Richland P T O has awarded $550 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN CANCER SOCIETY PURPOSE: CANCER RESEARCH | $25 |
JUVENILE DIABETES RESEARCH FOUNDATI PURPOSE: DIABETES RESEARCH | $525 |