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SG, Inc., a 501(c)(3) organization, receives the following sources of support during the tax year. General public for services rendered $22,000 City of National for

SG, Inc., a 501(c)(3) organization, receives the following sources of support during the tax year.

General public for services rendered

$22,000

City of National for services rendered

30,000

City of Star for services rendered

3,000

City of Central for services rendered

8,000

Gross investment income

19,000

Contributions from individual substantial contributors (disqualified persons)

18,000

Is SG, Inc. classified as a private foundation? Explain you answer.

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