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        <RelatedOrExemptFuncIncomeAmt>939</RelatedOrExemptFuncIncomeAmt>
      </ProgramServiceRevenueGrp>
      <TotalProgramServiceRevenueAmt>5748387</TotalProgramServiceRevenueAmt>
      <InvestmentIncomeGrp>
        <TotalRevenueColumnAmt>7286</TotalRevenueColumnAmt>
        <ExclusionAmt>7286</ExclusionAmt>
      </InvestmentIncomeGrp>
      <GrossRentsGrp>
        <RealAmt>36575</RealAmt>
      </GrossRentsGrp>
      <LessRentalExpensesGrp>
        <RealAmt>0</RealAmt>
      </LessRentalExpensesGrp>
      <RentalIncomeOrLossGrp>
        <RealAmt>36575</RealAmt>
      </RentalIncomeOrLossGrp>
      <NetRentalIncomeOrLossGrp>
        <TotalRevenueColumnAmt>36575</TotalRevenueColumnAmt>
        <ExclusionAmt>36575</ExclusionAmt>
      </NetRentalIncomeOrLossGrp>
      <FundraisingGrossIncomeAmt>173643</FundraisingGrossIncomeAmt>
      <ContriRptFundraisingEventAmt>10260</ContriRptFundraisingEventAmt>
      <FundraisingDirectExpensesAmt>34510</FundraisingDirectExpensesAmt>
      <NetIncmFromFundraisingEvtGrp>
        <TotalRevenueColumnAmt>139133</TotalRevenueColumnAmt>
        <ExclusionAmt>139133</ExclusionAmt>
      </NetIncmFromFundraisingEvtGrp>
      <TotalRevenueGrp>
        <TotalRevenueColumnAmt>8497159</TotalRevenueColumnAmt>
        <RelatedOrExemptFuncIncomeAmt>5748387</RelatedOrExemptFuncIncomeAmt>
        <UnrelatedBusinessRevenueAmt>0</UnrelatedBusinessRevenueAmt>
        <ExclusionAmt>182994</ExclusionAmt>
      </TotalRevenueGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>1630440</TotalAmt>
        <ProgramServicesAmt>1630440</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <CompCurrentOfcrDirectorsGrp>
        <TotalAmt>301023</TotalAmt>
        <ProgramServicesAmt>180614</ProgramServicesAmt>
        <ManagementAndGeneralAmt>90307</ManagementAndGeneralAmt>
        <FundraisingAmt>30102</FundraisingAmt>
      </CompCurrentOfcrDirectorsGrp>
      <CompDisqualPersonsGrp>
        <TotalAmt>19850</TotalAmt>
        <FundraisingAmt>19850</FundraisingAmt>
      </CompDisqualPersonsGrp>
      <OtherSalariesAndWagesGrp>
        <TotalAmt>2568747</TotalAmt>
        <ProgramServicesAmt>2194190</ProgramServicesAmt>
        <ManagementAndGeneralAmt>288984</ManagementAndGeneralAmt>
        <FundraisingAmt>85573</FundraisingAmt>
      </OtherSalariesAndWagesGrp>
      <PensionPlanContributionsGrp>
        <TotalAmt>66146</TotalAmt>
        <ProgramServicesAmt>56501</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7441</ManagementAndGeneralAmt>
        <FundraisingAmt>2204</FundraisingAmt>
      </PensionPlanContributionsGrp>
      <OtherEmployeeBenefitsGrp>
        <TotalAmt>322123</TotalAmt>
        <ProgramServicesAmt>275153</ProgramServicesAmt>
        <ManagementAndGeneralAmt>36239</ManagementAndGeneralAmt>
        <FundraisingAmt>10731</FundraisingAmt>
      </OtherEmployeeBenefitsGrp>
      <PayrollTaxesGrp>
        <TotalAmt>248292</TotalAmt>
        <ProgramServicesAmt>212088</ProgramServicesAmt>
        <ManagementAndGeneralAmt>27933</ManagementAndGeneralAmt>
        <FundraisingAmt>8271</FundraisingAmt>
      </PayrollTaxesGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>32200</TotalAmt>
        <ManagementAndGeneralAmt>30868</ManagementAndGeneralAmt>
        <FundraisingAmt>1332</FundraisingAmt>
      </FeesForServicesAccountingGrp>
      <AdvertisingGrp>
        <TotalAmt>133699</TotalAmt>
        <ProgramServicesAmt>51747</ProgramServicesAmt>
        <ManagementAndGeneralAmt>18054</ManagementAndGeneralAmt>
        <FundraisingAmt>63898</FundraisingAmt>
      </AdvertisingGrp>
      <OfficeExpensesGrp>
        <TotalAmt>27788</TotalAmt>
        <ProgramServicesAmt>19749</ProgramServicesAmt>
        <ManagementAndGeneralAmt>6890</ManagementAndGeneralAmt>
        <FundraisingAmt>1149</FundraisingAmt>
      </OfficeExpensesGrp>
      <InformationTechnologyGrp>
        <TotalAmt>11795</TotalAmt>
        <ProgramServicesAmt>8382</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2925</ManagementAndGeneralAmt>
        <FundraisingAmt>488</FundraisingAmt>
      </InformationTechnologyGrp>
      <OccupancyGrp>
        <TotalAmt>213929</TotalAmt>
        <ProgramServicesAmt>152036</ProgramServicesAmt>
        <ManagementAndGeneralAmt>53045</ManagementAndGeneralAmt>
        <FundraisingAmt>8848</FundraisingAmt>
      </OccupancyGrp>
      <InterestGrp>
        <TotalAmt>78026</TotalAmt>
        <ProgramServicesAmt>55452</ProgramServicesAmt>
        <ManagementAndGeneralAmt>19347</ManagementAndGeneralAmt>
        <FundraisingAmt>3227</FundraisingAmt>
      </InterestGrp>
      <DepreciationDepletionGrp>
        <TotalAmt>303430</TotalAmt>
        <ProgramServicesAmt>242619</ProgramServicesAmt>
        <ManagementAndGeneralAmt>48261</ManagementAndGeneralAmt>
        <FundraisingAmt>12550</FundraisingAmt>
      </DepreciationDepletionGrp>
      <InsuranceGrp>
        <TotalAmt>54811</TotalAmt>
        <ProgramServicesAmt>38953</ProgramServicesAmt>
        <ManagementAndGeneralAmt>13591</ManagementAndGeneralAmt>
        <FundraisingAmt>2267</FundraisingAmt>
      </InsuranceGrp>
      <OtherExpensesGrp>
        <Desc>INSTRUCTION</Desc>
        <TotalAmt>347800</TotalAmt>
        <ProgramServicesAmt>347800</ProgramServicesAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>BOND EXPENSE</Desc>
        <TotalAmt>284995</TotalAmt>
        <ManagementAndGeneralAmt>284995</ManagementAndGeneralAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>DEVELOPMENT EXPENSES</Desc>
        <TotalAmt>64410</TotalAmt>
        <ProgramServicesAmt>6356</ProgramServicesAmt>
        <FundraisingAmt>58054</FundraisingAmt>
      </OtherExpensesGrp>
      <OtherExpensesGrp>
        <Desc>OTHER EXPENSES</Desc>
        <TotalAmt>50403</TotalAmt>
        <ProgramServicesAmt>50403</ProgramServicesAmt>
      </OtherExpensesGrp>
      <AllOtherExpensesGrp>
        <TotalAmt>512</TotalAmt>
        <ProgramServicesAmt>364</ProgramServicesAmt>
        <ManagementAndGeneralAmt>127</ManagementAndGeneralAmt>
        <FundraisingAmt>21</FundraisingAmt>
      </AllOtherExpensesGrp>
      <TotalFunctionalExpensesGrp>
        <TotalAmt>6760419</TotalAmt>
        <ProgramServicesAmt>5522847</ProgramServicesAmt>
        <ManagementAndGeneralAmt>929007</ManagementAndGeneralAmt>
        <FundraisingAmt>308565</FundraisingAmt>
      </TotalFunctionalExpensesGrp>
      <SavingsAndTempCashInvstGrp>
        <BOYAmt>3580235</BOYAmt>
        <EOYAmt>4575707</EOYAmt>
      </SavingsAndTempCashInvstGrp>
      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>541166</BOYAmt>
        <EOYAmt>1201250</EOYAmt>
      </PledgesAndGrantsReceivableGrp>
      <AccountsReceivableGrp>
        <BOYAmt>4657</BOYAmt>
        <EOYAmt>1846</EOYAmt>
      </AccountsReceivableGrp>
      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>25691</BOYAmt>
        <EOYAmt>28624</EOYAmt>
      </PrepaidExpensesDefrdChargesGrp>
      <LandBldgEquipCostOrOtherBssAmt>15059257</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>2354794</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>12977998</BOYAmt>
        <EOYAmt>12704463</EOYAmt>
      </LandBldgEquipBasisNetGrp>
      <OtherAssetsTotalGrp>
        <BOYAmt>436600</BOYAmt>
        <EOYAmt>420124</EOYAmt>
      </OtherAssetsTotalGrp>
      <TotalAssetsGrp>
        <BOYAmt>17566347</BOYAmt>
        <EOYAmt>18932014</EOYAmt>
      </TotalAssetsGrp>
      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>459172</BOYAmt>
        <EOYAmt>420676</EOYAmt>
      </AccountsPayableAccrExpnssGrp>
      <DeferredRevenueGrp>
        <BOYAmt>395002</BOYAmt>
        <EOYAmt>392425</EOYAmt>
      </DeferredRevenueGrp>
      <TaxExemptBondLiabilitiesGrp>
        <BOYAmt>13790000</BOYAmt>
        <EOYAmt>13460000</EOYAmt>
      </TaxExemptBondLiabilitiesGrp>
      <LoansFromOfficersDirectorsGrp>
        <BOYAmt>975000</BOYAmt>
        <EOYAmt>975000</EOYAmt>
      </LoansFromOfficersDirectorsGrp>
      <UnsecuredNotesLoansPayableGrp>
        <BOYAmt>500000</BOYAmt>
        <EOYAmt>500000</EOYAmt>
      </UnsecuredNotesLoansPayableGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>16119174</BOYAmt>
        <EOYAmt>15748101</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>966772</BOYAmt>
        <EOYAmt>1968261</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>480401</BOYAmt>
        <EOYAmt>1215652</EOYAmt>
      </TemporarilyRstrNetAssetsGrp>
      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>1447173</BOYAmt>
        <EOYAmt>3183913</EOYAmt>
      </TotalNetAssetsFundBalanceGrp>
      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>17566347</BOYAmt>
        <EOYAmt>18932014</EOYAmt>
      </TotLiabNetAssetsFundBalanceGrp>
      <ReconcilationRevenueExpnssAmt>1736740</ReconcilationRevenueExpnssAmt>
      <OtherChangesInNetAssetsAmt>0</OtherChangesInNetAssetsAmt>
      <InfoInScheduleOPartXIIInd>X</InfoInScheduleOPartXIIInd>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>0</AccountantCompileOrReviewInd>
      <FSAuditedInd>1</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
      </FSAuditedBasisGrp>
      <AuditCommitteeInd>1</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>0</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <SchoolInd>X</SchoolInd>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <LandGrp>
        <OtherCostOrOtherBasisAmt>5560000</OtherCostOrOtherBasisAmt>
        <BookValueAmt>5560000</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>8744090</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>1671873</DepreciationAmt>
        <BookValueAmt>7072217</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>408144</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>336378</DepreciationAmt>
        <BookValueAmt>71766</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>347023</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>346543</DepreciationAmt>
        <BookValueAmt>480</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>12704463</TotalBookValueLandBuildingsAmt>
      <FootnoteTextInd>X</FootnoteTextInd>
      <TotalRevEtcAuditedFinclStmtAmt>6849930</TotalRevEtcAuditedFinclStmtAmt>
      <OtherRevenueAmt>-1646290</OtherRevenueAmt>
      <RevenueNotReportedAmt>-1646290</RevenueNotReportedAmt>
      <RevenueSubtotalAmt>8496220</RevenueSubtotalAmt>
      <OtherRevenuesNotIncludedAmt>939</OtherRevenuesNotIncludedAmt>
      <RevenueNotReportedFinclStmtAmt>939</RevenueNotReportedFinclStmtAmt>
      <TotalRevenuePerForm990Amt>8497159</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>5113190</TotExpnsEtcAuditedFinclStmtAmt>
      <OtherExpensesIncludedAmt>-939</OtherExpensesIncludedAmt>
      <ExpensesNotReportedAmt>-939</ExpensesNotReportedAmt>
      <ExpensesSubtotalAmt>5114129</ExpensesSubtotalAmt>
      <OtherExpensesNotIncludedAmt>1646290</OtherExpensesNotIncludedAmt>
      <ExpensesNotRptFinclStmtAmt>1646290</ExpensesNotRptFinclStmtAmt>
      <TotalExpensesPerForm990Amt>6760419</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL HAS EVALUATED ITS CURRENT TAX POSITIONS AND HAS CONCLUDED THAT AS OF JUNE 30, 2014, THE SCHOOL DOES NOT HAVE ANY SIGNIFICANT UNCERTAIN TAX POSITIONS FOR WHICH A RESERVE WOULD BE NECESSARY.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANTS AND TUITION ASSISTANCE -1,626,440. PAYMENT TO DISQUALIFIED PERSON -19,850.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XI, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>YEARBOOK REVENUE 939.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 2D - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>YEARBOOK REVENUE -939.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART XII, LINE 4B - OTHER ADJUSTMENTS:</FormAndLineReferenceDesc>
        <ExplanationTxt>GRANTS AND TUITION ASSISTANCE 1,626,440. PAYMENT TO DISQUALIFIED PERSON 19,850.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc1040400001">
      <NondiscriminatoryPolicyStmtInd>1</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>1</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>1</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>1</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>1</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>0</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>0</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>1</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL PUBLISHES ITS NON-DISCRIMINATION POLICY ANNUALLY IN A LOCAL NEWSPAPER AS WELL AS IN THE ADMISSION PACKET.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <FundraisingEventInformationGrp>
        <NameOfEvent1Amt>GALA</NameOfEvent1Amt>
        <GrossReceiptsEvent1Amt>183903</GrossReceiptsEvent1Amt>
        <CharitableContriEvent1Amt>10260</CharitableContriEvent1Amt>
        <GrossRevenueEvent1Amt>173643</GrossRevenueEvent1Amt>
        <RentFacilityCostsEvent1Amt>300</RentFacilityCostsEvent1Amt>
        <FoodAndBeverageEvent1Amt>24023</FoodAndBeverageEvent1Amt>
        <EntertainmentEvent1Amt>827</EntertainmentEvent1Amt>
        <OtherDirectExpensesEvent1Amt>9360</OtherDirectExpensesEvent1Amt>
        <GrossReceiptsTotalAmt>183903</GrossReceiptsTotalAmt>
        <CharitableContributionsTotAmt>10260</CharitableContributionsTotAmt>
        <GrossRevenueTotalEventsAmt>173643</GrossRevenueTotalEventsAmt>
        <RentFcltyCostsTotalEventsAmt>300</RentFcltyCostsTotalEventsAmt>
        <FoodAndBeverageTotalEventsAmt>24023</FoodAndBeverageTotalEventsAmt>
        <EntertainmentTotalEventsAmt>827</EntertainmentTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>9360</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>34510</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>139133</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <GrantRecordsMaintainedInd>1</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>FINANCIAL AID</GrantTypeTxt>
        <RecipientCnt>84</RecipientCnt>
        <CashGrantAmt>1626440</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>COLLEGE SCHOLARSHIPS</GrantTypeTxt>
        <RecipientCnt>2</RecipientCnt>
        <CashGrantAmt>4000</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL'S FINANCIAL AID COMMITTEE MAINTAINS RECORDS SUBSTANTIATING FAMILIES' LEVEL OF NEED AND THE FINANCIAL AID AWARDS MADE. EACH FAMILY SEEKING AID MUST COMPLETE A FINANCIAL AID APPLICATION, DISCLOSING ASSETS, INCOME, EXPENSES AND DEBT. THE SCHOOL RECEIVES AN INDEPENDENT ANALYSIS OF THE FAMILY'S FINANCES FROM SCHOOL AND STUDENT SERVICES. THE FINANCIAL AID COMMITTEE, COMPRISED OF MEMBERS OF THE LARGER COMMUNITY WITH FINANCIAL EXPERTISE, REVIEWS EACH APPLICATION AND DETERMINES THE FINANCIAL AID AWARD IN CONJUNCTION WITH THE FINANCIAL AID BUDGET. GREAT EFFORT IS TAKEN TO ENSURE THAT FAMILIES IN SIMILAR ECONOMIC SITUATIONS RECEIVE SIMILAR AWARDS, AND THAT AWARDS ARE BASED ONLY UPON DEMONSTRATED NEED. THE SCHOOL TRACKS TOTAL AID AWARDS, THE PERCENTAGE OF STUDENTS RECEIVING AID, THE AVERAGE AWARD AMOUNT, ETC. FROM YEAR TO YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="RetDoc1042400001">
      <HousingAllowanceOrResidenceInd>X</HousingAllowanceOrResidenceInd>
      <WrittenPolicyRefTAndEExpnssInd>1</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>1</SubstantiationRequiredInd>
      <CompensationCommitteeInd>X</CompensationCommitteeInd>
      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>0</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>0</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>0</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>0</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>0</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>0</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>0</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>0</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>0</InitialContractExceptionInd>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>DARREN KLEINBERG</PersonNm>
        <TitleTxt>HEAD OF SCHOOL</TitleTxt>
        <BaseCompensationFilingOrgAmt>89540</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>0</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>77573</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>167113</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>ALISON RUEBUSCH</PersonNm>
        <TitleTxt>HEAD OF ACADEMICS</TitleTxt>
        <BaseCompensationFilingOrgAmt>151551</BaseCompensationFilingOrgAmt>
        <CompensationBasedOnRltdOrgsAmt>0</CompensationBasedOnRltdOrgsAmt>
        <BonusFilingOrganizationAmount>0</BonusFilingOrganizationAmount>
        <BonusRelatedOrganizationsAmt>0</BonusRelatedOrganizationsAmt>
        <OtherCompensationFilingOrgAmt>0</OtherCompensationFilingOrgAmt>
        <OtherCompensationRltdOrgsAmt>0</OtherCompensationRltdOrgsAmt>
        <DeferredCompensationFlngOrgAmt>4572</DeferredCompensationFlngOrgAmt>
        <DeferredCompRltdOrgsAmt>0</DeferredCompRltdOrgsAmt>
        <NontaxableBenefitsFilingOrgAmt>8986</NontaxableBenefitsFilingOrgAmt>
        <NontaxableBenefitsRltdOrgsAmt>0</NontaxableBenefitsRltdOrgsAmt>
        <TotalCompensationFilingOrgAmt>165109</TotalCompensationFilingOrgAmt>
        <TotalCompensationRltdOrgsAmt>0</TotalCompensationRltdOrgsAmt>
        <CompReportPrior990FilingOrgAmt>0</CompReportPrior990FilingOrgAmt>
        <CompReportPrior990RltdOrgsAmt>0</CompReportPrior990RltdOrgsAmt>
      </RltdOrgOfficerTrstKeyEmplGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>PART I, LINE 1A</FormAndLineReferenceDesc>
        <ExplanationTxt>A PARSONAGE ALLOWANCE IS PROVIDED TO THE HEAD OF SCHOOL. THIS ALLOWANCE WAS APPROVED BY THE BOARD OF DIRECTORS BASED ON AREA COMPARABLES AND AS PART OF THE HEAD OF SCHOOL'S CONTRACT AND HAS BEEN EXCLUDED FROM THE HEAD OF SCHOOL'S TAXABLE WAGES.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleJ>
    <IRS990ScheduleK documentId="RetDoc1053100001">
      <TaxExemptBondsIssuesGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1>CALIFORNIA MUNICIPAL FINANCE AUTHORITY</BusinessNameLine1>
        </IssuerName>
        <BondIssuerEIN>201563466</BondIssuerEIN>
        <CUSIPNum>13048TEG4</CUSIPNum>
        <BondIssuedDt>2009-08-27</BondIssuedDt>
        <IssuePriceAmt>13790000</IssuePriceAmt>
        <PurposeDesc>TO PURCHASE LAND AND BUILDING PREVIOUSLY LEASED.</PurposeDesc>
        <DefeasedInd>0</DefeasedInd>
        <OnBehalfOfIssuerInd>0</OnBehalfOfIssuerInd>
        <PoolFinancingInd>0</PoolFinancingInd>
      </TaxExemptBondsIssuesGrp>
      <TaxExemptBondsProceedsGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <TotalProceedsAmt>13790000</TotalProceedsAmt>
        <IssuanceCostsFromProceedsAmt>243345</IssuanceCostsFromProceedsAmt>
        <WorkingCapitalExpendituresAmt>224493</WorkingCapitalExpendituresAmt>
        <CapitalExpendituresAmt>13322162</CapitalExpendituresAmt>
        <SubstantialCompletionYr>2010</SubstantialCompletionYr>
        <CurrentRefundingInd>0</CurrentRefundingInd>
        <AdvanceRefundingInd>0</AdvanceRefundingInd>
        <FinalAllocationMadeInd>1</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>1</AdequateBooksAndRecMaintInd>
      </TaxExemptBondsProceedsGrp>
      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>0</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>1</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>1</MgmtContractBondFincdPropInd>
        <EngageBondCounselContractsInd>0</EngageBondCounselContractsInd>
        <AnyResearchAgreementsInd>0</AnyResearchAgreementsInd>
        <PrivateBusUseByOthersPct>0.01760</PrivateBusUseByOthersPct>
        <TotalPrivateBusinessUsePct>0.01760</TotalPrivateBusinessUsePct>
        <BondIssMeetPrvtSecPymtTestInd>0</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>0</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>0</ProcsNonqualifiedBondRemdtdInd>
      </TaxExemptBondsPrivateBusUseGrp>
      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>0</Form8038TFiledInd>
        <RebateNotDueYetInd>0</RebateNotDueYetInd>
        <ExceptionToRebateInd>0</ExceptionToRebateInd>
        <NoRebateDueInd>0</NoRebateDueInd>
        <VariableRateIssueInd>1</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>0</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>0</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>0</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>0</WrittenProcToMonitorReqsInd>
      </TaxExemptBondsArbitrageGrp>
      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>0</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
    </IRS990ScheduleK>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <LoansBtwnOrgInterestedPrsnGrp>
        <PersonNm>ROBERT FRANCINE LENT</PersonNm>
        <RelationshipWithOrgTxt>VP &amp; TRUSTEE</RelationshipWithOrgTxt>
        <LoanPurposeTxt>GENERAL SUPPORT</LoanPurposeTxt>
        <LoanToOrganizationInd>X</LoanToOrganizationInd>
        <OriginalPrincipalAmt>975000</OriginalPrincipalAmt>
        <BalanceDueAmt>475000</BalanceDueAmt>
        <DefaultInd>0</DefaultInd>
        <BoardOrCommitteeApprovalInd>1</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>1</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <LoansBtwnOrgInterestedPrsnGrp>
        <BusinessName>
          <BusinessNameLine1>LEHMANN FAMILY FOUNDATION</BusinessNameLine1>
        </BusinessName>
        <RelationshipWithOrgTxt>FOUNDER IS ASSOCIATED WITH A TRUSTEE</RelationshipWithOrgTxt>
        <LoanPurposeTxt>GENERAL SUPPORT</LoanPurposeTxt>
        <LoanToOrganizationInd>X</LoanToOrganizationInd>
        <OriginalPrincipalAmt>500000</OriginalPrincipalAmt>
        <BalanceDueAmt>500000</BalanceDueAmt>
        <DefaultInd>0</DefaultInd>
        <BoardOrCommitteeApprovalInd>1</BoardOrCommitteeApprovalInd>
        <WrittenAgreementInd>1</WrittenAgreementInd>
      </LoansBtwnOrgInterestedPrsnGrp>
      <TotalBalanceDueAmt>975000</TotalBalanceDueAmt>
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <PersonNm>DARREN KLEINBERG</PersonNm>
        </NameOfInterested>
        <RelationshipDescriptionTxt>OFFICER, HEAD OF SCHOOL</RelationshipDescriptionTxt>
        <TransactionAmt>19850</TransactionAmt>
        <TransactionDesc>DEBRA KLEINBERG, SPOUSE OF DARREN KLEINBERG, RECEIVED COMPENSATION OF $19,850 FOR COORDINATION OF THE SCHOOL'S ANNUAL FUNDRAISING EVENT.</TransactionDesc>
        <SharingOfRevenuesInd>0</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTradedGrp>
        <NonCashCheckboxInd>X</NonCashCheckboxInd>
        <ContributionCnt>1</ContributionCnt>
        <NoncashContributionsRptF990Amt>25887</NoncashContributionsRptF990Amt>
        <MethodOfDeterminingRevenuesTxt>FMV</MethodOfDeterminingRevenuesTxt>
      </SecuritiesPubliclyTradedGrp>
      <AnyPropertyThatMustBeHeldInd>0</AnyPropertyThatMustBeHeldInd>
      <ReviewProcessUnusualNCGiftsInd>0</ReviewProcessUnusualNCGiftsInd>
      <ThirdPartiesUsedInd>0</ThirdPartiesUsedInd>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS REVIEWED BY FINANCE COMMITTEE AND BOARD TREASURER AND THEN PRESENTED TO THE ENTIRE BOARD BEFORE FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>BOARD MEMBERS SELF-REPORT ANY POTENTIAL CONFLICT OF INTEREST ANNUALLY. THIS IS REVIEWED BY THE TRUSTEES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE HEAD OF SCHOOL'S COMPENSATION WAS DETERMINED USING COMPARABILITY DATA BY A BOARD COMMITTEE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION C, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE AVAILABLE AT THE SCHOOL'S OFFICE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII, LINE 2C:</FormAndLineReferenceDesc>
        <ExplanationTxt>FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>