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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
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          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
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          <State>RESTRICTED</State>
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      <TotalBookValueLandBuildingsAmt>603834</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
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        <Amt>497480</Amt>
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      <TotalRevEtcAuditedFinclStmtAmt>851034</TotalRevEtcAuditedFinclStmtAmt>
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      <RevenueSubtotalAmt>848674</RevenueSubtotalAmt>
      <RevenueNotReportedFinclStmtAmt>0</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>848674</TotalRevenuePerForm990Amt>
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        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FOR TAX PURPOSES $2,360 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>FOR TAX PURPOSES $2,360 OF DIRECT FUNDRAISING EXPENSES WERE REFLECTED AS A DECREASE IN REVENUES, HOWEVER THE ORGANIZATION'S AUDITED FINANCIAL STATEMENTS REFLECT THIS AMOUNT AS AN EXPENSE.</ExplanationTxt>
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      <PolicyStmtInBrochuresEtcInd>1</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>1</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>1</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>0</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>1</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>1</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>0</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>0</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>0</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>0</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>0</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>0</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>0</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>0</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>1</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>0</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>1</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>WE INCLUDE A NON-DISCRIMINATORY STATEMENT IN REGISTRATION PACKETS, SCHOOL WEBSITES, EMPLOYEE HANDBOOKS, AND OTHER DISTRIBUTED MATERIALS. FURTHER, THE CHARTER SCHOOL CONTRACT WITH THE LOCAL SCHOOL DISTRICT INCLUDES THIS TYPE OF STATEMENT. ADDITIONALLY, FOR THE LUNCH PROGRAM WE HAVE TO SEND OUT A PUBLIC NOTICE EACH YEAR, WHICH IS SENT TO THE LOCAL NEWSPAPERS AND TELEVISION STATIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL DOES NOT OFFER SCHOLARSHIPS AND/OR FINANCIAL ASSISTANCE TO ANY STUDENT.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THIS ORGANIZATION IS A NONPROFIT CHARTER SCHOOL. IT RECEIVES A MAJORITY OF ITS FUNDING FROM FEDERAL/LOCAL GOVERNMENT ASSISTANCE. THIS FUNDING HELPS THE ORGANIZATION TO PROVIDE QUALITY EDUCATION.</ExplanationTxt>
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        <GrossRevenueEvent1Amt>21096</GrossRevenueEvent1Amt>
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        <GrossRevenueTotalEventsAmt>21096</GrossRevenueTotalEventsAmt>
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    <IRS990ScheduleO documentId="RetDoc1044400001">
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOOL FINANCIAL SERVICES INC., A PROFESSIONAL CHARTER SCHOOL MANAGEMENT COMPANY, PROVIDES MANAGEMENT AND ADMINISTRATIVE SERVICES TO THE SCHOOL INCLUDING, BUT NOT LIMITED TO, FACILITY DESIGN AND DEVELOPMENT, PROFESSIONAL PLANNING, ACCOUNTABILITY, COMPLIANCE AND SUPPORT SERVICES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOOL FINANCIAL SERVICES INC REVIEWS THE CONTENTS OF THE FORM 990 BEFORE IT IS SUBMITTED TO THE INTERNAL REVENUE SERVICE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION REQUIRES THAT ALL OFFICERS AND/OR DIRECTORS DISCLOSE ANY ACTIVITY THAT MAY BE A CONFLICT OF INTEREST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DETERMINATION OF COMPENSATION FOR OFFICERS AND KEY EMPLOYEES, INVOLVES REVIEWING OFFICER'S CONTRACT, ORGANIZATION'S BUDGET, AND PAST PERFORMANCE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 18</FormAndLineReferenceDesc>
        <ExplanationTxt>THIS INFORMATION IS AVAILABLE TO THE PUBLIC VIA WWW.GUIDESTAR.ORG.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THIS INFORMATION IS AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SECTION 1.263(A)-1(F) DE MINIMIS SAFE HARBOR ELECTION</FormAndLineReferenceDesc>
        <ExplanationTxt>RISING LEADERS ACADEMY INC 1527 LINCOLN AVENUE PANAMA CITY, FL 32405 EIN:80-0688292 FOR THE YEAR ENDING JUNE 30, 2016 PINECREST ACADEMY INC IS MAKING THE MINIMIS SAFE HARBOR ELECTION UNDER REG.SEC.1.263(A)-1(F)</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SECTION 1.263(A)-1(N) ELECTION</FormAndLineReferenceDesc>
        <ExplanationTxt>RISING LEADERS ACADEMY INC 1527 LINCOLN AVENUE PANAMA CITY, FL 32405 EIN:80-0688292 FOR THE YEAR ENDING JUNE 30, 2016 PINECREST ACADEMY INC IS ELECTING TO CAPITALIZE REPAIRS AND MAINTENANCE COSTS UNDER REG.SEC.1.263(A)-1(N).</ExplanationTxt>
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</Return>