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    rainladynw Posts: 1, Reputation: 1
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    Mar 4, 2014, 01:43 PM
    5013c accounting of funds
    I belong to an auxiliary of a 5013C organization. We report into a local chapter, however, it is part of a large national 5013C. In the past we have given the Treasure of the local 5013C the funds have collected which are to be earmarked for our auxiliary and the operating expenses that we need reimbursed from our funds. All expenses have been fully documented and supported by receipts. There has been a change over in Treasurers. Currently we are not able to receive timely accounting for our earmarked funds. We are also waiting months for reimbursement. We have found out that a significant portion of our earmarked funds were moved to a savings account without our knowledge Total amount of funds which should be earmarked is approx. $29000.00- average operating expenses are approx. $1500.00 per month. Is this acceptable accounting practice for a 5013C? Any suggestions who we can go to to have this situation audited?

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