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          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
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      <FootnoteTextInd>X</FootnoteTextInd>
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        <ExplanationTxt>THE ACADEMY IS EXEMPT FROM INCOME TAX UNDER IRC SECTION 501(C)(3), THOUGH IT IS SUBJECT TO TAX ON INCOME UNRELATED TO ITS EXEMPT PURPOSE, UNLESS THAT INCOME IS OTHERWISE EXCLUDED BY THE CODE. THE ACADEMY HAS PROCESSES PRESENTLY IN PLACE TO ENSURE THE MAINTENANCE OF ITS TAX-EXEMPT STATUS; TO IDENTIFY AND REPORT UNRELATED INCOME; TO DETERMINE ITS FILING AND TAX OBLIGATIONS; AND TO IDENTIFY AND EVALUATE OTHER MATTERS THAT MAY BE CONSIDERED TAX POSITIONS. THE ACADEMY HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION OR DISCLOSURE IN THE FINANCIAL STATEMENTS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XI, LINE 2D</FormAndLineReferenceDesc>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 4, PART XII, LINE 4B</FormAndLineReferenceDesc>
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      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>NONDISCRIMINATORY POLICY IS PUBLISHED IN LOCAL PUBLICATION SERVING THE GENERAL COMMUNITY IN WHICH THE SCHOOL IS LOCATED.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL RECEIVES GOVERNMENT FUNDING FOR TEXTBOOKS AND MILK PROGRAMS.</ExplanationTxt>
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        <ExplanationTxt>"IN DETERMINING ELIGIBILITY FOR SCHOLARSHIP ASSISTANCE, TORAH ACADEMY'S SCHOLARSHIP COMMITTEE EVALUATES EACH FAMILY'S FINANCIAL SITUATION AND ABILITY TO PAY DAY SCHOOL TUITION. THIS EVALUATION IS BASED ON A REVIEW OF A COMPLETED WRITTEN SCHOLARSHIP APPLICATION FORM, PERSONAL/BUSINESS TAX RETURNS, OTHER WRITTEN DOCUMENTATION OF INCOME AND MONTHLY EXPENSES. ALL FAMILIES MUST SUBMIT A MONTHLY BUDGET DETAILING INCOME AND EXPENSES IN A TYPICAL MONTH. THESE DOCUMENTS ARE ALL REVIEWED AS ONE PACKAGE FIRST BY AN INDEPENDENT THIRD PARTY, INTERNATIONAL SCHOLARSHIP AND TUITION SERVICES (ISTS), WHO REVIEWS AND ANALYZES THE INFORMATION AND PRESENTS AN AWARD RECOMMENDATION. THE APPLICATION IS THEN FURTHER REVIEWED BY AN INTERNAL SCHOLARSHIP COMMITTEE WHICH AWARDS SCHOLARSHIPS BASED ON NUMEROUS FACTORS. THESE FACTORS INCLUDE (BUT ARE NOT LIMITED TO) INCOME, FAMILY SIZE, AND OTHER DAY SCHOOL TUITION OBLIGATIONS. ONCE THE FIRST ROUND OF SCHOLARSHIPS IS AWARDED, THERE IS AN APPEAL PROCESS WHEREBY A FAMILY MAY SUBMIT A REQUEST IN WRITING FOR A REEVALUATION OF THEIR APPLICATION. THIS CAN ONLY BE DONE IN THE CASE WHERE A SUBSTANTIAL PIECE OF INFORMATION HAS CHANGED OR WAS OMITTED FROM THE ORIGINAL REQUEST. TORAH ACADEMY HAS THOROUGHLY DOCUMENTED THE SCHOLARSHIP POLICIES AND ITS POLICIES ARE ALSO AVAILABLE ON FILE SHOULD ANYONE REQUEST IT. THIS WAS DONE SO THAT THE PARENTS, BOARD MEMBERS AND SCHOLARSHIP COMMITTEE ARE FULLY AWARE OF WHAT IS EXPECTED IN THE SCHOLARSHIP PROCESS.</ExplanationTxt>
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        <TransactionDesc>TELEPHONE SERVICE</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>RONIT SNITMAN</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>FORMER BOARD</RelationshipDescriptionTxt>
        <TransactionAmt>2120</TransactionAmt>
        <TransactionDesc>FLOWER SERVICE</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>JORDAN HULLMAN, FORMER BOARD MEMBER, IS THE OWNER OF AGILE NETWORKS. RONIT SNITMAN IS THE WIFE OF FORMER BOARD MEMBER, SHAUN SNITMAN.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc8">
      <SecuritiesPubliclyTradedGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>2</ContributionCnt>
        <NoncashContributionsRptF990Amt>109007</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FAIR VALUE</MethodOfDeterminingRevenuesTxt>
      </SecuritiesPubliclyTradedGrp>
      <AnyPropertyThatMustBeHeldInd>false</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>false</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>false</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc9">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>ROSE AND MORRIS CASKEY TORAH ACADEMY OF GREATER PHILADELPHIA EDUCATES BOYS AND GIRLS FROM NURSERY THROUGH GRADE 8 WITH A CURRICULUM ROOTED IN TORAH AND GENERAL STUDIES CHARACTERIZED BY ACADEMIC EXCELLENCE AND PROVIDING SKILL PROFICIENCY IN ALL AREAS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A SUBCOMMITTEE OF THE BOARD RECEIVES A COPY OF THE 990 BEFORE ISSUANCE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS ARE REQUIRED TO DISCLOSE THEIR INDEPENDENCE ANNUALLY. BOARD APPROVAL IS REQUIRED FOR ANY CONTRACT/SERVICE ENTERED INTO WITH A MEMBER.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>