﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2023v6.0" xsi:schemaLocation="http://www.irs.gov/efile">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2025-05-15T13:48:36-07:00</ReturnTs>
    <TaxPeriodEndDt>2024-06-30</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>521861549</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ANDERSON DAVIS &amp; ASSOCIATES CPA PA</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>1406 B SOUTH CRAIN HWY 204</AddressLine1Txt>
        <CityNm>GLEN BURNIE</CityNm>
        <StateAbbreviationCd>MD</StateAbbreviationCd>
        <ZIPCd>21061</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2023-07-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>464655147</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>FRIENDSHIP EDUCATION FOUNDATION</BusinessNameLine1Txt>
      </BusinessName>
      <BusinessNameControlTxt>FRIE</BusinessNameControlTxt>
      <PhoneNum>2022811700</PhoneNum>
      <USAddress>
        <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
        <CityNm>WASHINGTON</CityNm>
        <StateAbbreviationCd>DC</StateAbbreviationCd>
        <ZIPCd>20011</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>JOE HARRIS III</PersonNm>
      <PersonTitleTxt>CHIEF OPERATING OFFICER</PersonTitleTxt>
      <PhoneNum>2022811700</PhoneNum>
      <SignatureDt>2025-05-15</SignatureDt>
      <DiscussWithPaidPreparerInd>true</DiscussWithPaidPreparerInd>
    </BusinessOfficerGrp>
    <IRSResponsiblePrtyInfoCurrInd>true</IRSResponsiblePrtyInfoCurrInd>
    <PreparerPersonGrp>
      <PreparerPersonNm>BENJAMIN M YUST CPA</PreparerPersonNm>
      <PTIN>P00847883</PTIN>
      <PhoneNum>4107662645</PhoneNum>
      <PreparationDt>2025-05-15</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2023</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="14">
    <IRS990PF documentId="IRS990PF-01">
      <InitialReturnFormerPubChrtyInd>X</InitialReturnFormerPubChrtyInd>
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>2256144</FMVAssetsEOYAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AnalysisOfRevenueAndExpenses>
        <ContriRcvdRevAndExpnssAmt>1808095</ContriRcvdRevAndExpnssAmt>
        <InterestOnSavRevAndExpnssAmt>108</InterestOnSavRevAndExpnssAmt>
        <InterestOnSavNetInvstIncmAmt>108</InterestOnSavNetInvstIncmAmt>
        <GrossRentsRevAndExpnssAmt>559816</GrossRentsRevAndExpnssAmt>
        <GrossRentsNetInvstIncmAmt>559816</GrossRentsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt referenceDocumentId="GainLossSaleOtherAssetsSch-01" referenceDocumentName="GainLossFromSaleOtherAssetsSchedule">444374</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>18313645</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>444374</CapGainNetIncmNetInvstIncmAmt>
        <NetSTCapitalGainAdjNetIncmAmt>0</NetSTCapitalGainAdjNetIncmAmt>
        <GrossProfitRevAndExpnssAmt>0</GrossProfitRevAndExpnssAmt>
        <OtherIncomeRevAndExpnssAmt referenceDocumentId="OtherIncomeSchedule2-01" referenceDocumentName="OtherIncomeSchedule2">488670</OtherIncomeRevAndExpnssAmt>
        <OtherIncomeNetInvstIncmAmt>488670</OtherIncomeNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>3301063</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>1492968</TotalNetInvstIncmAmt>
        <TotalAdjNetIncmAmt>0</TotalAdjNetIncmAmt>
        <CompOfcrDirTrstRevAndExpnssAmt>441031</CompOfcrDirTrstRevAndExpnssAmt>
        <CompOfcrDirTrstNetInvstIncmAmt>264619</CompOfcrDirTrstNetInvstIncmAmt>
        <CompOfcrDirTrstAdjNetIncmAmt>176412</CompOfcrDirTrstAdjNetIncmAmt>
        <OthEmplSlrsWgsRevAndExpnssAmt>231395</OthEmplSlrsWgsRevAndExpnssAmt>
        <OthEmplSlrsWgsNetInvstIncmAmt>138837</OthEmplSlrsWgsNetInvstIncmAmt>
        <OthEmplSlrsWgsAdjNetIncmAmt>92558</OthEmplSlrsWgsAdjNetIncmAmt>
        <PensionEmplBnftRevAndExpnssAmt>76916</PensionEmplBnftRevAndExpnssAmt>
        <PensionEmplBnftNetInvstIncmAmt>46150</PensionEmplBnftNetInvstIncmAmt>
        <PensionEmplBnftAdjNetIncmAmt>30766</PensionEmplBnftAdjNetIncmAmt>
        <LegalFeesRevAndExpnssAmt referenceDocumentId="LegalFeesSchedule-01" referenceDocumentName="LegalFeesSchedule">42775</LegalFeesRevAndExpnssAmt>
        <LegalFeesAdjNetIncmAmt>42775</LegalFeesAdjNetIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="AccountingFeesSchedule-01" referenceDocumentName="AccountingFeesSchedule">22298</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesAdjNetIncmAmt>22298</AccountingFeesAdjNetIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="OtherProfessionalFeesSchedu-01" referenceDocumentName="OtherProfessionalFeesSchedule">270231</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>58500</OtherProfFeesNetInvstIncmAmt>
        <OtherProfFeesAdjNetIncmAmt>4471</OtherProfFeesAdjNetIncmAmt>
        <OtherProfFeesDsbrsChrtblAmt>207260</OtherProfFeesDsbrsChrtblAmt>
        <InterestRevAndExpnssAmt>79665</InterestRevAndExpnssAmt>
        <InterestNetInvstIncmAmt>79665</InterestNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="TaxesSchedule-01" referenceDocumentName="TaxesSchedule">14830</TaxesRevAndExpnssAmt>
        <TaxesAdjNetIncmAmt>5932</TaxesAdjNetIncmAmt>
        <TaxesDsbrsChrtblAmt>8898</TaxesDsbrsChrtblAmt>
        <DeprecAndDpltnRevAndExpnssAmt referenceDocumentId="DepreciationSchedule-01" referenceDocumentName="DepreciationSchedule">213516</DeprecAndDpltnRevAndExpnssAmt>
        <DeprecAndDpltnNetInvstIncmAmt>205830</DeprecAndDpltnNetInvstIncmAmt>
        <DeprecAndDpltnAdjNetIncmAmt>7686</DeprecAndDpltnAdjNetIncmAmt>
        <OccupancyRevAndExpnssAmt>843722</OccupancyRevAndExpnssAmt>
        <OccupancyNetInvstIncmAmt>697419</OccupancyNetInvstIncmAmt>
        <OccupancyAdjNetIncmAmt>73151</OccupancyAdjNetIncmAmt>
        <OccupancyDsbrsChrtblAmt>73152</OccupancyDsbrsChrtblAmt>
        <TravConfMeetingRevAndExpnssAmt>156168</TravConfMeetingRevAndExpnssAmt>
        <TravConfMeetingAdjNetIncmAmt>78084</TravConfMeetingAdjNetIncmAmt>
        <TravConfMeetingDsbrsChrtblAmt>78084</TravConfMeetingDsbrsChrtblAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="OtherExpensesSchedule-01" referenceDocumentName="AmortizationSchedule OtherExpensesSchedule">780883</OtherExpensesRevAndExpnssAmt>
        <OtherExpensesNetInvstIncmAmt>644652</OtherExpensesNetInvstIncmAmt>
        <OtherExpensesAdjNetIncmAmt>14870</OtherExpensesAdjNetIncmAmt>
        <OtherExpensesDsbrsChrtblAmt>121361</OtherExpensesDsbrsChrtblAmt>
        <TotOprExpensesRevAndExpnssAmt>3173430</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>2135672</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesAdjNetIncmAmt>549003</TotOprExpensesAdjNetIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>488755</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>0</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>0</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>3173430</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>2135672</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesAdjNetIncmAmt>549003</TotalExpensesAdjNetIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>488755</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>127633</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>0</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>0</AdjustedNetIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <CashBOYAmt>1335211</CashBOYAmt>
        <CashEOYAmt>437090</CashEOYAmt>
        <CashEOYFMVAmt>437090</CashEOYFMVAmt>
        <SavAndTempCashInvstBOYAmt>266706</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>239171</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>239171</SavAndTempCashInvstEOYFMVAmt>
        <AcctRcvblAmt>172769</AcctRcvblAmt>
        <AcctRcvblBOYAmt>212217</AcctRcvblBOYAmt>
        <AcctRcvblEOYAmt>172769</AcctRcvblEOYAmt>
        <AcctRcvblEOYFMVAmt>172769</AcctRcvblEOYFMVAmt>
        <RcvblFromOfficersEOYAmt>0</RcvblFromOfficersEOYAmt>
        <OtherNtsAndLoansRcvblEOYAmt>0</OtherNtsAndLoansRcvblEOYAmt>
        <LandBldgInvestmentsEOYAmt>0</LandBldgInvestmentsEOYAmt>
        <OtherInvestmentsEOYAmt>0</OtherInvestmentsEOYAmt>
        <LandBldgEquipCostOrOtherBssAmt>1451161</LandBldgEquipCostOrOtherBssAmt>
        <LandBldgEquipAccumDeprecAmt>645769</LandBldgEquipAccumDeprecAmt>
        <LandBOYAmt>17638757</LandBOYAmt>
        <LandEOYAmt referenceDocumentId="LandEtcSchedule2-01" referenceDocumentName="LandEtcSchedule2">805392</LandEOYAmt>
        <LandEOYFMVAmt>805392</LandEOYFMVAmt>
        <OtherAssetsBOYAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">918529</OtherAssetsBOYAmt>
        <OtherAssetsEOYAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">601722</OtherAssetsEOYAmt>
        <OtherAssetsEOYFMVAmt referenceDocumentId="OtherAssetsSchedule-01" referenceDocumentName="OtherAssetsSchedule">601722</OtherAssetsEOYFMVAmt>
        <TotalAssetsBOYAmt>20371420</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>2256144</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>2256144</TotalAssetsEOYFMVAmt>
        <AccountsPayableBOYAmt>516532</AccountsPayableBOYAmt>
        <AccountsPayableEOYAmt>156475</AccountsPayableEOYAmt>
        <LoansFromOfficersEOYAmt>0</LoansFromOfficersEOYAmt>
        <MortgagesAndNotesPayableBOYAmt>18798123</MortgagesAndNotesPayableBOYAmt>
        <MortgagesAndNotesPayableEOYAmt referenceDocumentId="MortgagesAndNotesPayableSch-01" referenceDocumentName="MortgagesAndNotesPayableSchedule">1173050</MortgagesAndNotesPayableEOYAmt>
        <OtherLiabilitiesBOYAmt referenceDocumentId="OtherLiabilitiesSchedule-01" referenceDocumentName="OtherLiabilitiesSchedule">915695</OtherLiabilitiesBOYAmt>
        <OtherLiabilitiesEOYAmt referenceDocumentId="OtherLiabilitiesSchedule-01" referenceDocumentName="OtherLiabilitiesSchedule">657916</OtherLiabilitiesEOYAmt>
        <TotalLiabilitiesBOYAmt>20230350</TotalLiabilitiesBOYAmt>
        <TotalLiabilitiesEOYAmt>1987441</TotalLiabilitiesEOYAmt>
        <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
        <NoDonorRstrNetAssestsBOYAmt>122556</NoDonorRstrNetAssestsBOYAmt>
        <NoDonorRstrNetAssestsEOYAmt>187833</NoDonorRstrNetAssestsEOYAmt>
        <DonorRstrNetAssetsBOYAmt>18514</DonorRstrNetAssetsBOYAmt>
        <DonorRstrNetAssetsEOYAmt>80870</DonorRstrNetAssetsEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>141070</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>268703</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>20371420</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>2256144</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>141070</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>127633</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>268703</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>268703</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3901 VIRGINIA DRIVE, NORTH LITTLE ROCK, AR 72118</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2023-10-01</AcquiredDt>
          <SoldDt>2023-10-01</SoldDt>
          <GrossSalesPriceAmt>0</GrossSalesPriceAmt>
          <DepreciationAmt>0</DepreciationAmt>
          <CostOrOtherBasisAmt>763796</CostOrOtherBasisAmt>
          <GainOrLossAmt>-763796</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>-763796</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>700 S MAIN, PINE BLUFF, AR 76101</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2022-09-01</AcquiredDt>
          <SoldDt>2023-09-15</SoldDt>
          <GrossSalesPriceAmt>9531308</GrossSalesPriceAmt>
          <DepreciationAmt>250253</DepreciationAmt>
          <CostOrOtherBasisAmt>9761082</CostOrOtherBasisAmt>
          <GainOrLossAmt>20479</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>20479</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>3911 S HAZEL STREET, PINE BLUFF, AR 71603</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <AcquiredDt>2019-09-01</AcquiredDt>
          <SoldDt>2023-09-15</SoldDt>
          <GrossSalesPriceAmt>8782338</GrossSalesPriceAmt>
          <DepreciationAmt>1399409</DepreciationAmt>
          <CostOrOtherBasisAmt>8994056</CostOrOtherBasisAmt>
          <GainOrLossAmt>1187691</GainOrLossAmt>
          <FMVAsOf123169Amt>0</FMVAsOf123169Amt>
          <AdjustedBasisAsOf123169Amt>0</AdjustedBasisAsOf123169Amt>
          <ExcessFMVOverAdjustedBssAmt>0</ExcessFMVOverAdjustedBssAmt>
          <GainsMinusExcessOrLossesAmt>1187691</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>444374</CapitalGainNetIncomeAmt>
        <NetShortTermCapitalGainLossAmt>-763796</NetShortTermCapitalGainLossAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>0</InvestmentIncomeExciseTaxAmt>
        <TaxUnderSection511Amt>0</TaxUnderSection511Amt>
        <SubtotalAmt>0</SubtotalAmt>
        <SubtitleATaxAmt>0</SubtitleATaxAmt>
        <TaxBasedOnInvestmentIncomeAmt>0</TaxBasedOnInvestmentIncomeAmt>
        <ExtsnRequestIncomeTaxPaidAmt>0</ExtsnRequestIncomeTaxPaidAmt>
        <TotalPaymentsAndCreditsAmt>0</TotalPaymentsAndCreditsAmt>
        <TaxDueAmt>0</TaxDueAmt>
        <AppliedToESTaxAmt>0</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <OrgReportOrRegisterStateCd>DC</OrgReportOrRegisterStateCd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>true</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>https://friendshipusa.org/</WebsiteAddressTxt>
        <IndividualWithBooksNm>JOE HARRIS III</IndividualWithBooksNm>
        <PhoneNum>2022811700</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
          <CityNm>WASHINGTON</CityNm>
          <StateAbbreviationCd>DC</StateAbbreviationCd>
          <ZIPCd>20011</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UncorrectedPriorActsInd>false</UncorrectedPriorActsInd>
        <UndistributedIncomePYInd>false</UndistributedIncomePYInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DONALD HENSE</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>CHAIRMAN</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>4.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>81525</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DARRIN GLYMPH</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>GIL DELORME</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>KENNETH CAMPBELL</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>MEMBER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>1.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>JOE H HARRIS III</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>CEO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>194608</CompensationAmt>
          <EmployeeBenefitProgramAmt>14380</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>PHONG TRAN</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>COO</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>201742</CompensationAmt>
          <EmployeeBenefitProgramAmt>30301</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>KATRINA CEPHAS</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>DIRECTOR OF FINANCE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>112739</CompensationAmt>
          <EmployeeBenefitsAmt>18618</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <CompensationHighestPaidEmplGrp>
          <PersonNm>CASSANDRA DYSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>1351 NICHOLSON ST NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20011</ZIPCd>
          </USAddress>
          <TitleTxt>CHIEF ACADEMIC OFFIC</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>40.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>82200</CompensationAmt>
          <EmployeeBenefitsAmt>0</EmployeeBenefitsAmt>
          <ExpenseAccountAmt>0</ExpenseAccountAmt>
        </CompensationHighestPaidEmplGrp>
        <OtherEmployeePaidOver50kCnt>0</OtherEmployeePaidOver50kCnt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>HIGHER GLYPHS CONTENT GROUP LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1875 CONNECTICUT AVE NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20009</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>MEDIA CONSULTANT</ServiceTypeTxt>
          <CompensationAmt>59500</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>MEADOWDALE LLC</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>1626 KALMIA RD NW</AddressLine1Txt>
            <CityNm>WASHINGTON</CityNm>
            <StateAbbreviationCd>DC</StateAbbreviationCd>
            <ZIPCd>20012</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>PROJECT MANAGER CONSULTANT</ServiceTypeTxt>
          <CompensationAmt>56400</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
        <ContractorPaidOver50kCnt>0</ContractorPaidOver50kCnt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>TO PROVIDE SUPPORT TO EDUCATIONAL PROGRAMS AND INSTITUTIONS TO IMPROVE PERFORMANCE OF STUDENTS IN UNDERSERVED COMMUNITIES.</Description1Txt>
        <Expenses1Amt>488755</Expenses1Amt>
      </SummaryOfDirectChrtblActyGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>NONE</Description1Txt>
        <Expenses1Amt>0</Expenses1Amt>
        <TotalAmt>0</TotalAmt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>0</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>678059</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>678059</TotalFMVOfUnusedAssetsAmt>
        <ReductionClaimedAmt>0</ReductionClaimedAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>678059</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>10171</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>667888</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>33394</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <Sect4942j3j5FndtnAndFrgnOrgInd>X</Sect4942j3j5FndtnAndFrgnOrgInd>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>488755</ExpensesAndContributionsAmt>
        <ProgramRelatedInvstTotalAmt>0</ProgramRelatedInvstTotalAmt>
        <QualifyingDistributionsAmt>488755</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>0</DistributableAsAdjustedAmt>
        <QualifyingDistributionsAmt>488755</QualifyingDistributionsAmt>
        <TreatedAsDistriFromCorpusAmt>0</TreatedAsDistriFromCorpusAmt>
        <RemainingDistriFromCorpusAmt>488755</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>488755</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>0</PriorYearUndistributedIncmAmt>
        <Taxable1Amt>0</Taxable1Amt>
        <Taxable2Amt>0</Taxable2Amt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>0</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>488755</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>0</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>0</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>0</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>0</ExcessFromYear1Amt>
        <ExcessFromCurrentYearAmt>488755</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <PrivateOperatingFoundationsGrp>
        <Section4942j3Ind>X</Section4942j3Ind>
        <LessorAdjNetIncmMinInvstRetGrp>
          <CurrentYearAmt>0</CurrentYearAmt>
          <TotalAmt>0</TotalAmt>
        </LessorAdjNetIncmMinInvstRetGrp>
        <QualifyingDistributionsGrp>
          <CurrentYearAmt>488755</CurrentYearAmt>
          <TotalAmt>488755</TotalAmt>
        </QualifyingDistributionsGrp>
        <QualifyingDistriMadeDrtGrp>
          <CurrentYearAmt>488755</CurrentYearAmt>
          <Year1Amt>0</Year1Amt>
          <Year2Amt>0</Year2Amt>
          <Year3Amt>0</Year3Amt>
          <TotalAmt>488755</TotalAmt>
        </QualifyingDistriMadeDrtGrp>
        <TotalAssetsGrp>
          <CurrentYearAmt>2256144</CurrentYearAmt>
          <TotalAmt>2256144</TotalAmt>
        </TotalAssetsGrp>
        <TotalAssetsSect4942j3BiGrp>
          <CurrentYearAmt>1579883</CurrentYearAmt>
          <TotalAmt>1579883</TotalAmt>
        </TotalAssetsSect4942j3BiGrp>
      </PrivateOperatingFoundationsGrp>
      <SupplementaryInformationGrp>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
          <Desc>RENTAL INCOME</Desc>
          <RelatedOrExemptFunctionIncmAmt>559816</RelatedOrExemptFunctionIncmAmt>
        </ProgramServiceRevenueDtl>
        <ProgramServiceRevenueDtl>
          <Desc>MANAGEMENT FEES</Desc>
          <RelatedOrExemptFunctionIncmAmt>488670</RelatedOrExemptFunctionIncmAmt>
        </ProgramServiceRevenueDtl>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>108</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>444374</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <SubtotalsIncmProducingActyGrp>
          <ExclusionAmt>108</ExclusionAmt>
          <RelatedOrExemptFunctionIncmAmt>1492860</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>1492968</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1a</LineNumberTxt>
          <RelationshipStatementTxt>FEF RECEIVES RENTAL INCOME FROM EDUCATIONAL BUILDINGS IT OWNS AND LEASES TO A RELATED ENTITY WHICH OPERATES SCHOOLS ON THE PREMISES.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1b</LineNumberTxt>
          <RelationshipStatementTxt>FEF RECEIVES MANAGEMENT FEES FOR MANAGING AND OPERATING SCHOOLS.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>8</LineNumberTxt>
          <RelationshipStatementTxt>FEF TRANSFERRED OWNERSHIP OF TWO SCHOOL BUILDINGS TO A 501(C)(3) ORGANIZATION IN EXCHANGE FOR TRANSFERRING THE RELATED DEBT.</RelationshipStatementTxt>
        </RlnOfActyToAccomOfExmptPrpsGrp>
      </RlnOfActyToAccomOfExmptPrpsGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <IRS990ScheduleB documentId="IRS990ScheduleB-01">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <GeneralRuleInd>X</GeneralRuleInd>
      <ContributorInformationGrp>
        <ContributorNum>1</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1Txt>WALTON FAMILY FOUNDATION</BusinessNameLine1Txt>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1Txt>PO BOX 2030</AddressLine1Txt>
          <CityNm>Bentonville</CityNm>
          <StateAbbreviationCd>AR</StateAbbreviationCd>
          <ZIPCd>72712</ZIPCd>
        </ContributorUSAddress>
        <TotalContributionsAmt>1810637</TotalContributionsAmt>
        <PersonContributionInd>X</PersonContributionInd>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <AccountingFeesSchedule documentId="AccountingFeesSchedule-01">
      <AccountingFeesDetail>
        <CategoryTxt>ANDERON DAVIS &amp; ASSOCIATES AUDIT</CategoryTxt>
        <Amt>16450</Amt>
        <AdjustedNetIncomeAmt>16450</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
      <AccountingFeesDetail>
        <CategoryTxt>4TH SECTOR SOLUTIONS INC SUPPORT SERVICES</CategoryTxt>
        <Amt>5848</Amt>
        <AdjustedNetIncomeAmt>5848</AdjustedNetIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <DepreciationSchedule documentId="DepreciationSchedule-01">
      <DepreciationPropertyGrp>
        <PropertyDesc>ADMINISTRATIVE FURNITURE AND EQUIPMENT</PropertyDesc>
        <AcquiredDt>2019-12-01</AcquiredDt>
        <CostOrOtherBasisAmt>50549</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>28605</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>7686</CurrentYearExpenseAmt>
        <AdjustedNetIncomeAmt>7686</AdjustedNetIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>SE PINE BLUFF EQUIPMENT</PropertyDesc>
        <AcquiredDt>2020-10-01</AcquiredDt>
        <CostOrOtherBasisAmt>50635</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>27849</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>5.000000000000</LifeRt>
        <CurrentYearExpenseAmt>10127</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>10127</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LITTLE ROCK LEASEHOLD IMPROVEMENT</PropertyDesc>
        <AcquiredDt>2018-07-01</AcquiredDt>
        <CostOrOtherBasisAmt>246219</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>102493</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>10.000000000000</LifeRt>
        <CurrentYearExpenseAmt>30917</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>30917</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>LITTLE ROCK FURNITURE AND EQUIPMENT</PropertyDesc>
        <AcquiredDt>2019-06-07</AcquiredDt>
        <CostOrOtherBasisAmt>488047</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>363900</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>7.000000000000</LifeRt>
        <CurrentYearExpenseAmt>61036</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>61036</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>PINE BLUFF BUILDING</PropertyDesc>
        <AcquiredDt>2011-09-02</AcquiredDt>
        <CostOrOtherBasisAmt>9761082</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>208539</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>90594</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>90594</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
      <DepreciationPropertyGrp>
        <PropertyDesc>NORTH LITTLE ROCK</PropertyDesc>
        <AcquiredDt>2023-09-01</AcquiredDt>
        <CostOrOtherBasisAmt>615713</CostOrOtherBasisAmt>
        <PriorYearDepreciationAmt>0</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
        <LifeRt>39.000000000000</LifeRt>
        <CurrentYearExpenseAmt>13156</CurrentYearExpenseAmt>
        <NetInvestmentIncomeAmt>13156</NetInvestmentIncomeAmt>
      </DepreciationPropertyGrp>
    </DepreciationSchedule>
    <GainLossSaleOtherAssetsSch documentId="GainLossSaleOtherAssetsSch-01">
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SCHOOL BUILDINGS</AssetDesc>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2023-09</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>HOUSE FACILITY HOLDINGS LLC</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>18313645</GrossSalesPriceAmt>
        <BasisAmt>17105475</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <TotalNetAmt>1208170</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
      <GainLossSaleOtherAssetGrp>
        <AssetDesc>SCHOOL BUILDING</AssetDesc>
        <AcquiredDt>2023-07</AcquiredDt>
        <HowAcquiredTxt>Purchased</HowAcquiredTxt>
        <SoldDt>2023-10</SoldDt>
        <PurchaserNameGrp>
          <BusinessName>
            <BusinessNameLine1Txt>VIRGINIA DRV CAMPUS LLC</BusinessNameLine1Txt>
          </BusinessName>
        </PurchaserNameGrp>
        <GrossSalesPriceAmt>0</GrossSalesPriceAmt>
        <BasisAmt>763796</BasisAmt>
        <BasisMethodTxt>Cost</BasisMethodTxt>
        <SalesExpenseAmt>0</SalesExpenseAmt>
        <TotalNetAmt>-763796</TotalNetAmt>
      </GainLossSaleOtherAssetGrp>
    </GainLossSaleOtherAssetsSch>
    <LandEtcSchedule2 documentId="LandEtcSchedule2-01">
      <LandEtcGrp>
        <CategoryOrItemTxt>BUILDINGS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>675647</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>42599</AccumulatedDepreciationAmt>
        <BookValueAmt>633048</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>LEASEHOLD IMPROVEMENTS</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>186284</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>103967</AccumulatedDepreciationAmt>
        <BookValueAmt>82317</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>EQUIPMENT</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>377278</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>299594</AccumulatedDepreciationAmt>
        <BookValueAmt>77684</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>FURNITURE AND FIXTURES</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>187251</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>174908</AccumulatedDepreciationAmt>
        <BookValueAmt>12343</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>SOFTWARE</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>24701</CostOrOtherBasisAmt>
        <AccumulatedDepreciationAmt>24701</AccumulatedDepreciationAmt>
        <BookValueAmt>0</BookValueAmt>
      </LandEtcGrp>
    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="LegalFeesSchedule-01">
      <LegalFeesGrp>
        <CategoryTxt>MITCHELL WILLIAMS LAW LEGAL</CategoryTxt>
        <LegalFeesAmt>38974</LegalFeesAmt>
        <AdjustedNetIncomeAmt>38974</AdjustedNetIncomeAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>SCHULMAN, LOPEZ, HOFFER &amp; ADELSTEIN, LLP LEGAL</CategoryTxt>
        <LegalFeesAmt>406</LegalFeesAmt>
        <AdjustedNetIncomeAmt>406</AdjustedNetIncomeAmt>
      </LegalFeesGrp>
      <LegalFeesGrp>
        <CategoryTxt>BARTON GILMAN LLP LEGAL</CategoryTxt>
        <LegalFeesAmt>3395</LegalFeesAmt>
        <AdjustedNetIncomeAmt>3395</AdjustedNetIncomeAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <MortgagesAndNotesPayableSch documentId="MortgagesAndNotesPayableSch-01">
      <MortgageAmt>1173050</MortgageAmt>
    </MortgagesAndNotesPayableSch>
    <OtherAssetsSchedule documentId="OtherAssetsSchedule-01">
      <OtherAssetsScheduleGrp>
        <Desc>OPERATING RIGHT-OF-USE ASSETS, NET OF ACCUMULATED AMORTIZATION</Desc>
        <BOYBookValueAmt>918529</BOYBookValueAmt>
        <EOYBookValueAmt>601722</EOYBookValueAmt>
        <EOYFMVAmt>601722</EOYFMVAmt>
      </OtherAssetsScheduleGrp>
    </OtherAssetsSchedule>
    <OtherExpensesSchedule documentId="OtherExpensesSchedule-01">
      <OtherExpensesScheduleGrp>
        <Desc>SCHOOL SUPPORT</Desc>
        <RevenueAndExpensesPerBooksAmt>436900</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>436900</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>PROFESSIONAL DEVELOPMENT</Desc>
        <RevenueAndExpensesPerBooksAmt>236750</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>189400</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>47350</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>ADVERTISING</Desc>
        <RevenueAndExpensesPerBooksAmt>51408</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>10282</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>41126</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SPECIAL EVENTS</Desc>
        <RevenueAndExpensesPerBooksAmt>32885</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>32885</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>SUPPLIES</Desc>
        <RevenueAndExpensesPerBooksAmt>22940</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>18352</NetInvestmentIncomeAmt>
        <AdjustedNetIncomeAmt>4588</AdjustedNetIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="OtherIncomeSchedule2-01">
      <OtherIncomeDetail>
        <Desc>MANAGEMENT FEES</Desc>
        <RevenueAndExpensesPerBooksAmt>488670</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>488670</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="OtherLiabilitiesSchedule-01">
      <OtherLiabilitiesDetail>
        <Desc>OPERATING LEASE LIABILITY</Desc>
        <BOYBookValueAmt>915695</BOYBookValueAmt>
        <EOYBookValueAmt>657916</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="OtherProfessionalFeesSchedu-01">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ALICIA HARRISON THOMPSON REGISTRAR SERVICES</CategoryTxt>
        <Amt>9622</Amt>
        <DisbursementsCharitablePrpsAmt>9622</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BARNABY TOWNS COMMUNICATIONS</CategoryTxt>
        <Amt>2000</Amt>
        <DisbursementsCharitablePrpsAmt>2000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>ERITECH CONSULTING LLC CURRICULUM DEVELOPMENT</CategoryTxt>
        <Amt>8100</Amt>
        <DisbursementsCharitablePrpsAmt>8100</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>HENRI GARDNER CONSULTING</CategoryTxt>
        <Amt>33000</Amt>
        <DisbursementsCharitablePrpsAmt>33000</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>HIGHER GLYPHS CONTENT GROUP LLC MEDIA CONSULTANTS</CategoryTxt>
        <Amt>59500</Amt>
        <DisbursementsCharitablePrpsAmt>59500</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>LGE ENTERPRISES LLC EDUCATIONAL CONSULTANT</CategoryTxt>
        <Amt>21166</Amt>
        <DisbursementsCharitablePrpsAmt>21166</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>LYFE IS FULLER FOUNDATION INC. PROFESSIONAL DEVELOPMENT</CategoryTxt>
        <Amt>17472</Amt>
        <DisbursementsCharitablePrpsAmt>17472</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MEADOWDALE LLC PROJECT MANAGER CONSULTANT</CategoryTxt>
        <Amt>56400</Amt>
        <DisbursementsCharitablePrpsAmt>56400</DisbursementsCharitablePrpsAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>STARLING IMPACT INVESTORS LLC FINANCING CONSULTANT</CategoryTxt>
        <Amt>45500</Amt>
        <NetInvestmentIncomeAmt>45500</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>USFRC FACILITIES FINANCING ASSISTANCE</CategoryTxt>
        <Amt>13000</Amt>
        <NetInvestmentIncomeAmt>13000</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>PAYCHEX PAYROLL PROCESSING</CategoryTxt>
        <Amt>4471</Amt>
        <AdjustedNetIncomeAmt>4471</AdjustedNetIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="TaxesSchedule-01">
      <TaxesDetail>
        <CategoryTxt>PAYROLL</CategoryTxt>
        <Amt>14830</Amt>
        <AdjustedNetIncomeAmt>5932</AdjustedNetIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8898</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>