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      <AgentTrusteeEtcInd>false</AgentTrusteeEtcInd>
      <InclEscrowCustodialAcctLiabInd>true</InclEscrowCustodialAcctLiabInd>
      <ExplanationProvidedInd>X</ExplanationProvidedInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>168000</OtherCostOrOtherBasisAmt>
        <BookValueAmt>168000</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>2364697</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>562307</DepreciationAmt>
        <BookValueAmt>1802390</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>65359</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>61342</DepreciationAmt>
        <BookValueAmt>4017</BookValueAmt>
      </EquipmentGrp>
      <TotalBookValueLandBuildingsAmt>1974407</TotalBookValueLandBuildingsAmt>
      <TotalRevEtcAuditedFinclStmtAmt>3361891</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>3361891</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>3361891</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>3111240</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>3111240</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>3111240</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART IV, LINE 2B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE EL PASO ACADEMY, INC., MAINTAINS AND REPORTS ASSETS HELD AS AN AGENT/CUSTODIAN FOR STUDENT ORGANIZATIONS ASSOCIATED WITH THE ENTITY AND REPORTS THE SAME ACCOUNT AS AN OBLIGATION TO THOSE STUDENT GROUPS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc5">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>false</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>true</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>false</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>EL PASO ACADEMY, INC., POSTS ITS NONDISCRIMINATORY POLICY ON ITS WEBSITE. REV. PROC. 75-50 SECTION 2.04 STATES THAT THE REVENUE PROCEDURE DOES NOT APPLY TO PUBLIC SCHOOLS. THE ACADEMY IS A CHARTER SCHOOL WHICH, BY DEFINITION, IS A PUBLIC SCHOOL.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>EL PASO ACADEMY, INC., IS A CHARTER SCHOOL (I.E., A PUBLIC SCHOOL) THAT RECEIVES FUNDING THROUGH THE TEXAS EDUCATION AGENCY FROM BOTH STATE AND FEDERAL PROGRAMS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 7</FormAndLineReferenceDesc>
        <ExplanationTxt>EL PASO ACADEMY, INC., A CHARTER SCHOOL, PUBLISHES ITS RACIALLY NONDISCRIMINATORY POLICY ON ITS WEBSITE, NOT IN A "NEWSPAPER OF GENERAL CIRCULATION THAT SERVES ALL RACIAL SEGMENTS OF THE COMMUNITY" AS REQUIRED IN REV. PROC. 75-50. HOWEVER, REV. PROC. 75-50 DOES NOT APPLY TO PUBLIC SCHOOLS (REV. PROC. 75-50 SECTION 2.04), BUT PROVIDES GUIDELINES AND RECORDKEEPING REQUIREMENTS FOR DETERMINING WHETHER TAX-EXEMPT PRIVATE SCHOOLS HAVE RACIALLY NONDISCRIMINATORY POLICIES TOWARD THEIR STUDENTS. THE ACADEMY IS A PUBLIC SCHOOL. EL PASO ACADEMY IS A CHARTER SCHOOL WHICH IS CONSIDERED A PUBLIC SCHOOL. THEREFORE, SCHEDULE E IS NOT REQUIRED.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="RetDoc6">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 1, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS VOLUNTEER THEIR TIME. ADDITIONALLY PARENTS CAN ALSO VOLUNTEER THEIR TIME.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS PROVIDED TO THE ORGANIZATION FOR PRESENTATION TO THE BOARD FOR REVIEW BEFORE THE CHAIR SIGNS AND FILES THE RETURN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA AND CONSIDERS EXPERIENCE IN DETERMINING COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVIEWS COMPARABILITY DATA AND CONSIDERS EXPERIENCE IN DETERMINING COMPENSATION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ACADEMY MAKES ITS FORMS 1023 AND 990S AVAILABLE TO THE PUBLIC UPON REQUEST, EITHER BY MAIL OR AT THE ACADEMY'S OFFICES DURING REGULAR BUSINESS HOURS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>