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      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES THROUGH SECTION 501(C) (3) OF THE INTERNAL REVENUE CODE. THEREFORE, NO PROVISION FOR INCOME TAXES IS MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION FILES AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, THE FOUNDATION'S 2011, 2012 AND 2013 TAX YEARS ARE OPEN FOR EXAMINATION BY THE IRS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>POLICY IS PUBLISHED IN SCHOOL'S HANDBOOK.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL RECEIVES BOTH FEDERAL AND STATE FUNDING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>NEW BEGINNINGS SCHOOLS FOUNDATION IS THE OPERATOR OF A NETWORK OF CHARTER SCHOOLS WHICH IS A COMMUNITY OF LEARNERS FOR ACADEMIC ACHIEVEMENT AND PERSONAL GROWTH ARE EXPECTED AND ARE SUPPORTED IN A POSITIVE, INCLUSIVE ENVIRONMENT.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE CHIEF FINANCIAL OFFICER PRIOR TO SUBMISSION.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>IF A CONFLICT IS DISCOVERED, LEGAL COUNSEL IS CONSULTED. THE INDIVIDUAL IS EITHER REMOVED FROM CERTAIN COMMITTEES, LOSS OF VOTING RIGHTS ON CERTAIN ITEMS AND IN CIRCUMSTANCES THAT CLEARLY REQUIRES IT, REMOVAL FROM THE BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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</Return>