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      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>-1212803</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>1</OtherChangesInNetAssetsAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
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      <FSAuditedInd>true</FSAuditedInd>
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        <DepreciationAmt>263755</DepreciationAmt>
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        <Desc>Financial derivatives and other financial products</Desc>
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      <OtherSecuritiesGrp>
        <Desc>Closely-held equity interests</Desc>
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      <OtherLiabilitiesOrgGrp>
        <Desc>Federal income taxes</Desc>
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      <TotalRevenuePerForm990Amt>5255212</TotalRevenuePerForm990Amt>
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      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>false</PlcyPblczdViaBroadcastMediaInd>
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        <FormAndLineReferenceDesc>6a</FormAndLineReferenceDesc>
        <ExplanationTxt>FINICIAL AID OR GOVERNMENT ASSISTANCE EXPLANATION THE SCHOOL RECEIVES REVENUE FROM THE FEDERAL AND STATE GOVERNMENTS FOR EDUCATIONAL PROGRAMS AND FROM THE STATE OF ARIZONA FOR STATE EQUALIZATION ASSISTANCE.</ExplanationTxt>
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          <PersonNm>TIMOTHY AND SHANNON SMITH</PersonNm>
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        <RelationshipDescriptionTxt>OFFICERS</RelationshipDescriptionTxt>
        <TransactionAmt>2005866</TransactionAmt>
        <TransactionDesc>SEE PART V</TransactionDesc>
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        <FormAndLineReferenceDesc>Part IV Line 28C</FormAndLineReferenceDesc>
        <ExplanationTxt>TIMOTHY AND SHANNON SMITH ARE MANAGERS OF LEARNING MATTERS EDUCATIONAL GROUP WHICH IS THE MANAGEMENT COMPANY FOR THRIVEPOINT HIGH SCHOOL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part I, Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL OPERATES VARIOUS CHARTER SCHOOL CAMPUSES, EDUCATING HIGH SCHOOL STUDENTS IN PHOENIX, GLENDALE, BUCKEYE, AVONDALE AND SURPRISE ARIZONA.THRIVEPOINT HIGH SCHOOL IS A FREE CHARTER SCHOOL THAT OFFERS OPPORTUNITY FOR HIGH SCHOOL COMPLETION, WITH COMPUTER BASED PROGRAMS AND A SELF SETTING PACE FOR EARLY GRADUATION OR TO CATCH UP ON CREDITS. THE SCHOOL IS ALSO VERY FLEXIBLE FOR STUDENTS WHO HAVE JOBS OR OTHER RESPONSIBILITIES, OFFERING TWO FOUR HOUR BLOCKS, FIVE DAYS A WEEK.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part III, Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL OPERATES VARIOUS CHARTER SCHOOL CAMPUSES, EDUCATING HIGH SCHOOL STUDENTS IN PHOENIX, GLENDALE, BUCKEYE, AVONDALE AND SURPRISE ARIZONA. THRIVEPOINT HIGH SCHOOL IS A FREE CHARTER SCHOOL THAT OFFERS OPPORTUNITY FOR HIGH SCHOOL COMPLETION WITH COMPUTER BASED PROGRAMS AND A SELF SETTING PACE FOR EARLY GRADUATION OR TO CATCH UP ON CREDITS. THE SCHOOL IS ALSO VERY FLEXIBLE FOR STUDENTS WHO HAVE JOBS OR OTHER RESPONSIBILITIES, OFFERING TWO FOUR HOUR BLOCKS FIVE DAYS A WEEK.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 2</FormAndLineReferenceDesc>
        <ExplanationTxt>RELATED PARTY INFORMATION AMONG OFFICERS. TIMOTHY SMITH PRESIDENT AND SHANNON SMITH SECRETARY ARE MARRIED.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT DELEGATED - LEARNING MATTERS EDUCATIONAL GROUP LMEG PROVIDES PAYROLL, OFFICE AND OTHER MANAGEMENT SERVICES TO THE ORGANIZATION. TIMOTHY AND SHANNON SMITH, BOARD OFFICERS, ARE MANAGERS OF LMEG AND RECEIVE COMPENSATION FROM LMEG FOR MANAGEMENT SERVICES PROVIDED TO THRIVEPOINT HIGH SCHOOL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>ORGANIZATIONS PROCESS TO REVIEW FORM 990 - THE SCHOOLS CEO REVIEWS AND APPROVES THE FORM 990 BEFORE SUBMISSION. A COPY OF THE FORM 990 IS REMAILED TO THE BOARD OF DIRECTORS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
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        <ExplanationTxt>ROUNDING</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
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        <ExplanationTxt>ENFORCEMENT OF CONFLICTS POLICY - ALL BOARD MEMBERS ARE ASKED AT THE JULY BOARD MEETING TO DISCLOSE CONFLICTS OF INTEREST.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>COMPENSATON PROCESS FOR TOP OFFICAL - THE TOP MANAGEMENT FUNCTIONS OF THE ORGANIZATION ARE PERFORMED BY A MANAGEMENT COMPANY. A BOARD MEMBER OF THE ORGANIZATION WAS ASSIGNED TO REVIEW THE PRICING OF THE SERVICES AND CURRICULUM AND TECHNOLOGY AGREEEMNTS PROVIDED BY LEARNING MATTERS EDUCATIONAL GROUP LMEG, THE MANAGEMENT COMPANY. HE REVIEWED THE BIDS AND QUOTES FROM OTHER SERVICE PROVIDERS TO COMPARE THE PRICING OF THE SERVICES QUOTED BY LMEG, AND CONSULTED WIT HTHE ORGANIZATIONS ATTORNEY TO REVIEW THE AGREEMENTS THAT WERE PROVIDED BY LMEG.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION - ALL DOCUMENTS THAT ARE LEGALLY REQUIRED TO BE MADE AVAILABLE TO THE PUBLIC MAY BE REQUESTED AT THE SCHOOLS OFFICE DURING REGULAR BUSINESS HOURS.</ExplanationTxt>
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</Return>