MVAPTC Budget 2021-22 School Year

	B	C	D	E	F	G
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2	MCPS Virtual Academy Parent Council
3	BUDGET 2021-22 School Year
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5	SOURCES OF INCOME	PROPOSED BUDGET		ACTUAL		DIFFERENCE
6		%	$ Amount	%	$ Amount	$ Amount
7	Balance from last year		$0			$0.00
8	Membership (Free for first year of Parent Council)		$0			$0.00
9	GoFundMe for Start Up		$500			$500.00
10	Donations (Donations from parents or local businesses)		$150			$150.00
11	Online MVA School Spiritwear sale		$100			$100.00
12	Community Fundraisers (e.g. Dine Out Nights )		$100			$100.00
13	TBD Fundraisers		$100			$100.00
14						$0.00
15	TOTAL REVENUE (Not including italics)		$950			$950.00
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18	EXPENSES	PROPOSED BUDGET		ACTUAL		DIFFERENCE
19		%	$ Amount	%	$ Amount	$ Amount
20	PTO Establishment and Operating Costs:
21	Website hosting fees		$0			$0.00
22	Communication/Meeting platform (e.g. Zoom)					$0.00
23	Incorporation as Tax Exempt Organization in Maryland		$170			$170.00
24	Incorporation - Expedited Service		$55			$55.00
25	Federal EIN		$0			$0.00
26	Federal 501(c)3 application		$275			$275.00
27	PTO Insurance		$404			$404.00
28	Registration as MD Charitable Organization required to collect charitable donations		$0			$0.00
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30	Income above Operating Costs:
31	School Support	0-25%				$0.00
32	Community Support	0-50%				$0.00
33	Student Support	0-25%				$0.00
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35	TOTAL EXPENSES	0%	$904			$904.00
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38	NET		$46			$46
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