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        <ExplanationTxt>STRATFORD ACADEMY IS AN INDEPENDENT, NON-SECTARIAN, COLLEGE PREPARATORY SCHOOL FOR STUDENTS IN PRE-KINDERGARTEN THROUGH GRADE TWELVE. GUIDED BY THE MOTTO, "FREEDOM FOR EXCELLENCE", STRATFORD PROVIDES A SUPERIOR EDUCATION FOR STUDENTS WITH DIVERSE BACKGROUNDS AND TALENTS AND DEVELOPS RESPONSIBLE, ETHICAL, LIFE-LONG LEARNERS. IN PARTNERSHIP WITH FAMILIES, STUDENTS, AND FACULTY, STRATFORD - PROVIDES OPPORTUNITIES FOR STUDENTS TO DEVELOP THEIR INDIVIDUAL ABILITIES AND SKILLS WITHIN THE CONTEXT OF A RIGOROUS CURRICULUM. - BUILDS CHARACTER AND INTEGRITY BY OFFERING STUDENTS A VARIETY OF ETHICAL AND CULTURAL PERSPECTIVES THROUGH THE CURRICULUM AND SERVICE TO THE SCHOOL AND COMMUNITY. - ENCOURAGES STUDENTS TO ENGAGE IN A WIDE RANGE OF ACADEMIC, ATHLETIC, FINE ARTS, AND SERVICE-RELATED ACTIVITIES. - INSPIRES LEADERSHIP AND PREPARES STUDENTS FOR RESPONSIBLE STEWARDSHIP AND CITIZENSHIP.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD REVIEWS A DRAFT COPY OF THE FORM 990 WITH THE BUSINESS MANAGER PRIOR TO FILING.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>THE HEAD OF SCHOOL HAS A THREE YEAR CONTRACT. THE INITIAL CONTRACT COMPENSATION AMOUNT IS SET BY THE BOARD OF DIRECTORS BASED ON MANY FACTORS INCLUDING: BENCHMARKING AT REGIONAL AND NATIONAL LEVELS, COMPARISON WITH OTHER SIMILAR ORGANIZATIONS, AND DATA PROVIDED BY AN INDEPENDENT SEARCH FIRM. THE BOARD OF DIRECTORS COMPLETES AN ANNUAL REVIEW OF THE HEAD OF SCHOOL'S PERFORMANCE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>AN ANNUAL JOB PERFORMANCE REVIEW IS DONE BY THE HEAD OF SCHOOL AND/OR THE DIRECT SUPERVISOR TO DETERMINE THE COMPENSATION AMOUNT. A SALARY SCALE IS USED FOR FACULTY BASED ON YEARS OF EXPERIENCE AND DEGREES HELD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>NO DOCUMENTS AVAILABLE TO THE PUBLIC</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 24E</FormAndLineReferenceDesc>
        <ExplanationTxt>GROUNDS 0 108,693 0 FINE ARTS 93,136 0 0 EQUIP. REPAIRS AND MAINT. 0 80,229 0 TEACHER SUPPLIES 74,134 0 0 LEARNING SUPPORT CENTER 67,998 0 0 TEXTBOOKS 64,773 0 0 COMPUTER SERVICE 0 63,454 0 PRINTING AND COPIER LEASE 0 49,504 0 SVC AGREEMENT - EQUIPMENT 0 47,927 0 BANK CHARGES/COMMISSIONS 0 47,767 0 FOOTBALL 39,854 0 0 SCHOOL PUBLICATIONS 39,832 0 0 SCHOLARSHIPS AND AWARDS 38,741 0 0 CONTINUING EDUCATION 0 38,196 0 SUMMER PROGRAMS 36,759 0 0 COMPUTER SUPPLIES 0 34,695 0 LIBRARY AND AUDIO VISUAL 34,118 0 0 BURGLAR ALARM/SECURITY 0 32,860 0 TELEPHONE 0 32,457 0 WATER AND SEWAGE 0 30,953 0 SCRIPS PROGRAM 29,431 0 0 PROF. ASSOC. AND CONVENTI 0 28,248 0 BAD DEBTS 0 25,977 0 WEBSITE 25,000 0 0 MARKETING 0 24,857 0 NATURAL GAS 0 23,508 0 BASKETBALL 22,980 0 0 POSTAGE 0 22,844 0 MISCELLANEOUS 18,103 4,362 0 SOCCER 20,952 0 0 SCIENCE 20,590 0 0 GUIDANCE AND TESTING 20,065 0 0 FACULTY DEVEL. &amp; RECRUIT. 0 18,466 0 BOOKSTORE 18,323 0 0 BASEBALL 17,500 0 0 TRAFFIC PATROL 17,430 0 0 ALUMNI 17,314 0 0 TRAINER 15,000 0 0 SWIMMING 14,415 0 0 AWARDS 12,070 0 0 GARBAGE COLLECTION 0 11,765 0 REUNION 11,350 0 0 MOBILE CLASSROOM 0 11,098 0 TRACK 10,173 0 0 GRADUATION 9,586 0 0 ADMISSIONS 8,884 0 0 CHEERLEADING 8,573 0 0 STRATEGIC PLAN 0 7,146 0 COLLEGE GUIDANCE AND TEST 5,726 0 0 SOFTBALL 5,685 0 0 STUDENT SOCIAL ACTIVITIES 5,279 0 0 HEADMASTER'S DISCR. FUND 0 5,000 0 CROSS COUNTRY 4,945 0 0 GOLF 4,653 0 0 TENNIS 4,614 0 0 HALL OF FAME 4,596 0 0 PEST CONTROL 0 4,549 0 TRUSTEE'S FUND 0 4,300 0 VOLLEYBALL 3,293 0 0 ASAP 3,089 0 0 EXTRA ORDINARY SPORTS 3,008 0 0 COLOR GUARD 2,868 0 0 TRAINING SUPPLIES 2,372 0 0 HEADMASTER'S CAR/PHONE 0 2,264 0 COACH'S EQUIPMENT 1,998 0 0 PHYSICAL EDUCATION 1,920 0 0 SHOOTING 1,781 0 0 TRAVEL AND ENTERTAINMENT 0 1,665 0 OFF-CAMPUS STORAGE 0 1,638 0 ACADEMIC TOURNAMENTS 1,254 0 0 CAFETERIA 1,179 0 0 WRESTLING 622 0 0 TAXES AND LICENSES 0 495 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>BOOK/TAX DIFFERENCE - LOSS ON SALE 0</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>BOOK / TAX DEPRECIATION DIFFERENCE 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>