An organization wishing to qualify as an exempt organization

(d) An organization wishing to qualify as an exempt
organization must be of a type specifically identified as one of the
classes on which exemption is conferred by the Code. In no
event will exempt status be conferred upon an organization unless
the organization is one of those listed. Furthermore, in order
to receive exempt status, the organization must file an application
with the Internal Revenue Service. Answer (a) is incorrect since
an exempt organization may be organized as a corporation. Answer
(b) is incorrect because an exempt organization may lose its
exempt status by engaging in any prohibited transaction. Answer
(c) is incorrect because non-US citizens may be on an exempt
organization’s governing board.