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        <ExplanationTxt>THE SCHOOL RECEIVES FUNDS FROM STATE CONTRACTS AND FEDERAL GRANTS</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>KATHRYN COUCH TROY COUCH PRESIDENT DIRECTOR SON</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DIRECTOR, KATHRYN COUCH, REVIEWS THE 990 AND SIGNS BEFORE FILING A COPY OF THE FORM 990 IS PROVIDED TO EACH BOARD MEMBER AND DISCUSSED AT THE NEXT BOARD MEETING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR VIEWING ON SITE AT THE SCHOOL. CHOLLA ACADEMY'S FINANCIAL STATEMENTS ARE PREPARED BY THE SCHOOL. THE ANNUAL FINANCIAL REPORT IS REVIEWED AND SIGNED BY THE BOARD MEMBERS PRIOR TO ELECTRONIC SUBMISSION TO THE ARIZONA DEPARTMENT OF EDUCATION. THE DEPARTMENT OF EDUCATION THEN REVIEWS THE FINANCIALS AND COMPARES THEM TO THE PRIOR YEAR'S AND THE SUBMITTED BUDGET. THE AUDIT OF THE FINANCIALS IS PERFORMED BY A STATE APPROVED ACCOUNTING FIRM. THE AUDITOR'S REVIEW IS POSTED AND AVAILABLE TO THE PUBLIC.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION OF TOP OFFICIAL IS APPROVAL BY THE BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD MEETS AND APPROVES SALARIES FOR NEW EMPLOYEES HIRED DURING THE SCHOOL YEAR. ALL RAISES ARE APPROVED BY THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC BY REQUEST AT THE SCHOOL.</ExplanationTxt>
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</Return>
