<p>Organization's Tax-Exempt Status Revoked</p>

Organization's Tax-Exempt Status Revoked

Internal Revenue Service

The IRS revoked the tax-exempt status of an organization established to provide money and to meet the educational needs of students and families because the group failed to establish that it is organized and operated exclusively for a charitable purpose and because its net earnings inure to the benefit of its members.

<p>The IRS revoked the tax-exempt status of an organization established to provide money and to meet the educational needs of students and families because the group failed to establish that it is organized and operated exclusively for a charitable purpose and because its net earnings inure to the benefit of its members.</p>