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        <FormAndLineReferenceDesc>Part X : FIN48 Footnote</FormAndLineReferenceDesc>
        <ExplanationTxt>Uncertain Tax Positions The College has adopted the accounting standard related to the recognition and measurement of uncertain tax positions with the Internal Revenue Service. Such adoption requires the College to report and disclose any uncertain tax positions that may exist with the Internal Revenue Service that could potentially subject the College to income tax, including any penalties and/or interest. The adoption of this standard had no financial effect for the College.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Schedule E, Line 3 - Racially Nondiscriminatory Policy Publicized</FormAndLineReferenceDesc>
        <ExplanationTxt>Gutenberg College draws a substantial percent of its students nationwide and follows a racially nondiscrimintory policy as to students and staff and complies with Section 4.02 of Revenue Procedure 75-50. Therefore, Section 4.03(2)(b) exempts Gutenberg from Section 4.03(1).</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule E, Line 4 - Explanation of Records and Materials Not Maintained</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Schedule E, Line 5 - Explanation of Organization Discrimination by Race</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>A copy of Form 990 is provided prior to filing, and if possible, the governing body reviews it prior to signing and filing. However, in cases where review prior to filing is not possible, a review of the return is still made, and should any changes be required, an amended return would be prepared and filed.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12c</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>Upon request documents will be made available to the public by appointment. The tax return is also available for public inspection through the Oregon Department of Justice.</ExplanationTxt>
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