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        <ExplanationTxt>GUILFORD EDUCATION ALLIANCE, INC. IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE INTERNAL REVENUE SERVICE HAS CLASSIFIED THE CORPORATION AS OTHER THAN A PRIVATE FOUNDATION. CONTRIBUTIONS TO GUILFORD EDUCATION ALLIANCE, INC. QUALIFY FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170 OF THE INTERNAL REVENUE CODE.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>THE BOARD OF DIRECTORS DETERMINES COMPENSATION OF THE EXECUTIVE DIRECTOR AND STAFF. THE BOARD USES COMPENSATION RECEIVED BY PERSONS IN SIMILAR POSITIONS IN OTHER ORGANIZATIONS. COMPENSATION DECISIONS ARE RECORDED IN THE BOARD'S MINUTES.</ExplanationTxt>
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</Return>