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DocuSign Envelope ID: E006B9E0-6B06-40B4-8F37-243B8FA8D07E <br /> If your gross receipts .,each year' are normally more than 35,000, <br /> you are required to file Form 990, Return of Organization, Exempt <br /> From Income Tax, by the 15th day of the fifth month after the end <br /> of your annual accounting period. The law imposes a penalty of 310 <br /> a day, up to a maximum of 35,000, for failure to file a return on time. <br /> You are not required to file Federal income tax returns unless <br /> you are subject to the tax on unrelated business income under section . <br /> 5.11 of the Code. If you are subject to this tax, you must file an income <br /> tax return on Form 990-T. In this letter we are not determining whether <br /> any of your present or proposed activities are unrelated trade or <br /> business as defined in section 513 of the Code. <br /> You need an employer identification number even if you have no <br /> employees. If an employer identification number was not entered on <br /> your application, a number will be assigned to you and you will be <br /> advised of it. Please use that number on all returns you file and in <br /> all correspondence with the Internal Revenue Service. <br /> Please keep this determination letter in your permanent records. <br /> Sincerely yours, <br /> � r <br /> :tempt Organization Specialist <br /> • <br /> ( 404-52.64516 <br /> This determination letter is issued With the understanding that the <br /> school will schedule all classes determine and collect fees for the <br /> classes, and pay the instructors a salary not to exceed reasonable <br /> camiensation for services performed. <br /> This reil;ng is based on evidence that you have a racially nondiscrimin_atory <br /> policy as to students. Rev-enue Procedure 75-3Ot E1B 1975,-49, page 46, <br /> sets forth guidelines and recordkeeping requiz•ements for determining <br /> whether px_vate schools have racially nondiscrixdnatory policies as to <br /> students, To :insure your continued exemption, you should maintain <br /> records to shot that you are in compliance with all of the requirements <br /> of Revenue Procedure 75-50• <br /> This dete-urination letter modifies our letter :f September 7, 1976 <br /> holding ;;rcu exempt <br /> under section 501(c)(3) to ^_e extent that it is t- <br /> inconsistent with this letter. <br /> Farm L-178 (Rev.F2,--7s) <br />