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        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT DOES NOT BELIEVE THERE ARE ANY UNCERTAIN TAX POSITIONS AS DEFINED BY FASB ASC 740, INCOME TAXES. THE SCHOOL COULD BE SUBJECT TO INCOME TAX EXAMINATIONS FOR ITS U.S. FEDERAL TAX FILINGS FOR THE CURRENT TAX YEAR AND PRIOR FILINGS FOR 2020 AND 2019.</ExplanationTxt>
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        <ExplanationTxt>THE SCHOOL RECEIVES FEDERAL FUNDING FOR USE IN ONGOING ACTIVITIES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART I, LINE 1</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MISSION OF CENTENNIAL PLACE ACADEMY IS TO CREATE A CULTURE OF OPPORTUNITY AND DISCOVERY IN WHICH SCHOLARS ARE DEVELOPED INTO CREATIVE, CRITICAL THINKERS WITH THE VISION AND COURAGE TO IMPACT A GLOBAL SOCIETY. THIS WILL BE ACHIEVED THROUGH STRONG PARTNERSHIPS THAT SUPPORT A CRIB TO EIGHTH GRADE MODEL SCHOOL WITH A STEAM-FOCUSED CURRICULUM.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART III, LINE 1</FormAndLineReferenceDesc>
        <ExplanationTxt>THE MISSION OF CENTENNIAL PLACE ACADEMY IS TO CREATE A CULTURE OF OPPORTUNITY AND DISCOVERY IN WHICH SCHOLARS ARE DEVELOPED INTO CREATIVE, CRITICAL THINKERS WITH THE VISION AND COURAGE TO IMPACT A GLOBAL SOCIETY. THIS WILL BE ACHIEVED THROUGH STRONG PARTNERSHIPS THAT SUPPORT A CRIB TO EIGHTH GRADE MODEL SCHOOL WITH A STEAM-FOCUSED CURRICULUM.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS APPROVED BY THE BOARD OF DIRECTORS AND REVIEWED BY THE BUDGET, FINANCE AND FACILITIES COMMITTEE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE CONFLICT OF INTEREST POLICY IS REVIEWED ANNUALLY. IF A CONFLICT ARISES, THE BOARD MEMBER WILL BE REQUESTED TO RECUSE THEMSELVES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION IS BASED ON PEER GROUP SALARY BANDS GROUPED BY YEARS OF EXPERIENCE, HIGHEST LEVEL OF EDUCATION FOR EACH POSITION CATEGORY (SR. ADMINISTRATIVE, MIDDLE ADMINISTRATIVE, CLERICAL/CUSTODIAL STAFF, INSTRUCTIONAL, ASSOCIATE/ASSISTANT INSTRUCTIONAL). ADDITIONALLY, THE SCHOOL'S SALARY BANDS ARE COMPARED TO COMPARABLE POSITIONS STATEWIDE AND DISTRICT WIDE ON AN ANNUAL BASIS. THE RATE FOR A COST OF LIVING AND MERIT INCREASE ARE APPROVED BY THE BOARD OF DIRECTORS ANNUALLY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL DOCUMENTS AVAILABLE UPON REQUEST</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C</FormAndLineReferenceDesc>
        <ExplanationTxt>INTERNAL FINANCIAL STATEMENTS ARE REVIEWED QUARTERLY BY THE BUDGET, FINANCE AND FACILITIES COMMITTEE AND THE BOARD OF DIRECTORS</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VIII, LINE 1E</FormAndLineReferenceDesc>
        <ExplanationTxt>ON APRIL 30, 2020, THE ORGANIZATION RECEIVED A GRANT FROM THE PAYCHECK PROTECTION PROGRAM IN THE AMOUNT OF $1,659,400 TO BE USED FOR PAYROLL EXPENSES, MORTGAGE INTEREST, COMMERCIAL RENT OR UTILITIES. UNDER GUIDANCE OF THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, THE GRANT FUNDS ARE TO BE RECOGNIZED AS INCOME ONCE ALL CONDITIONS OF THE GRANT ARE SUBSTANTIALLY MET OR EXPLICITLY WAIVED. AT JULY 31, 2021, THE ORGANIZATION HAD SUBSTANTIALLY MET ALL CONDITIONS OF THE GRANT AND RECORDED THE PROCEEDS AS GRANT INCOME ON THE INCOME STATEMENT.</ExplanationTxt>
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