INSURANCE
This is a quick reminder that PTA insurance premiums are due.
All insurance payments must be made directly to our insurance broker AIM (Association Insurance Management, Inc). All PTAs must fill out the insurance questionnaire and submit payment through the AIM Insurance Portal. DO NOT SEND INSURANCE PREMIUM PAYMENTS TO FIRST DISTRICT PTA.
2025 Insurance Guide (English | Spanish)
California State PTA Insurance Webpage
PAY INSURANCE HERE
A link to a short video tutorial on how to use the portal and make payments is below:
Insurance Payment Process Video
Insurance premiums may be paid via ACH transfer or PTA check. Insurance payments must be received by AIM no later than January 4th or a $50 late fee applies. Please allow time for payments to arrive by the deadline if you are paying by check. The deadline does not mean “postmarked by.”
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PTA TAX FILING INFORMATION – 2024-25 FISCAL YEAR
All PTAs must file informational tax returns on the 15th day of the 4th month after your PTA’s fiscal year ends. For PTAs with a fiscal year of July 1 - June 30, the deadline is November 15. (Check your PTA bylaws for your fiscal year to be sure). For PTAs with a fiscal year of June 1 - May 31, the deadline was October 15.
It is the responsibility of the outgoing treasurer to file the tax returns, but in the event that they did not file them, the current treasurer should complete the tax filing. The tax returns should also be reviewed by the executive board before filing. Please make sure your PTA’s tax filing is completed as soon as possible.
To help you complete your taxes, you will need the 2024-2025 end-of-year Financial Review, Annual Financial Report, an estimated value of donated goods (non-cash contributions), and an estimated value of inventory items (spirit wear, student store inventory, and other assets). Your PTA bylaws show the tax identification numbers for the IRS, California Franchise Tax Board, and Office of the Attorney General's Registry of Charities and Fundraisers (CT number)
The California State PTA Leaders Website Tax Filing Support Center has resources to help you, or a tax preparer, file the required annual returns. Furthermore, here's another helpful link as well: Tax Filing: What to File? - California State PTA
If your gross receipts are normally less than $50,000, filing is relatively quick and easy. Follow the step-by-step guidelines (available on the Leaders Website) to complete the required annual returns:
- IRS – Form 990, 990EZ or 990N
- Franchise Tax Board – Form 199 or 199N
- Attorney General’s Registry of Charities and Fundraisers – Registration Renewal Form RRF-1 and CT-TR-1
Instructional videos are available for each of the required annual returns.
If your PTA’s gross receipts normally exceed $50,000, we recommend hiring a professional accountant who is familiar with non-profits, and especially PTAs, to complete the tax filings. Review the tax returns before the accountant files them. Make sure that they are for your PTA (Schedule A, Box 10: an organization that normally receives more than 33 ⅓% of its support from contributions, membership fees, and gross receipts from activities related to its tax-exempt functions…) and not for your school.
If you have any questions, please contact me.
Louisa Amezcua, Treasurer
treasurer@pta1.org
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