Solutions Plus, Inc. - Page 11




                                       - 11 -                                         
         presentation entitled “On the Right Track”, which includes                   
         material on understanding credit reports and credit scores,                  
         establishing credit, and borrowing techniques.  Petitioner                   
         received two invitations in 2006 to make presentations on                    
         financial management to students.                                            
              3.  Petitioner’s Protest                                                
              After considering Mr. Dennis’s response, respondent advised             
         petitioner that it had been identified as an organization                    
         engaging in at least one of the following activities:  Credit                
         counseling, credit repair, debt consolidation, financial                     
         education, money management, budgeting, or a related financial               
         activity.  Respondent provided petitioner with a copy of a                   
         comprehensive analysis as to whether entities engaged in these               
         activities can qualify as organizations described in section                 
         501(c)(3).  Respondent also provided petitioner with a detailed              
         statement of facts and law as to why it appeared that petitioner             
         did not qualify for tax-exempt status under section 501(c)(3) and            
         gave petitioner 30 days to file a protest.                                   
              Petitioner then submitted to respondent a protest stating               
         that its activities would mirror those in Consumer Credit                    
         Counseling Serv. of Ala., Inc. v. United States, 44 AFTR 2d                  
         79-5122, 78-2 USTC par. 9660 (D.D.C. 1978), because petitioner’s             
         activities contemplated education of the public and its DMP                  
         activity was merely incidental.  Petitioner attached to its                  







Page:  Previous  4  5  6  7  8  9  10  11  12  13  14  15  16  17  18  Next 

Last modified: March 27, 2008