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        <BookValue>91017</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>10338086</TotalOfBookValueLandBuildings>
      <OtherAssets>
        <Description>Security Deposits</Description>
        <BookValue>52000</BookValue>
      </OtherAssets>
      <TotalBookValueOtherAssets>52000</TotalBookValueOtherAssets>
      <OtherLiabilities>
        <Description>HSBC Bank</Description>
        <Amount>1253629</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>HJC Reaty Co</Description>
        <Amount>7023164</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Israel Discount Bank</Description>
        <Amount>999875</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Bank</Description>
        <Amount>895755</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Credit Line</Description>
        <Amount>206481</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Capital One Mortgage</Description>
        <Amount>2441936</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Signature Bank Mortgage</Description>
        <Amount>1427718</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>Signature Bank Credit Line</Description>
        <Amount>1000000</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>15248558</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000004" softwareId="12000225">
      <NondiscriminatoryPolicyStmt>true</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>true</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>true</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>true</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>true</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>true</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>true</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>false</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>false</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>false</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>false</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>false</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>false</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>false</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>false</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>true</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>Line 3</Identifier>
        <Explanation>NONDISCRIMINATORY POLICY OF SCHOOL IS INCLUDED IN PUBLISHED ITEMS RELATED TO THE SCHOOL.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Line 6b</Identifier>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="00000005" />
    <IRS990ScheduleJ documentId="00000006">
      <SeverancePayment>false</SeverancePayment>
      <SupplementalNonqualRetirePlan>false</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>false</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>false</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>false</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>false</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>false</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>false</AnyNonFixedPayments>
      <InitialContractException>false</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>GOLDIE GOLDING</NamePerson>
        <BaseCompensationFilingOrg>157378</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>157378</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartII>
        <NamePerson>ALTABE RICHARD</NamePerson>
        <BaseCompensationFilingOrg>161839</BaseCompensationFilingOrg>
        <TotalCompensationFilingOrg>161839</TotalCompensationFilingOrg>
      </Form990ScheduleJPartII>
    </IRS990ScheduleJ>
    <IRS990ScheduleL documentId="00000007" softwareId="12000225">
      <LoanTable>
        <NamePerson>MANNY HABER</NamePerson>
        <RelationshipWithOrganization>Director</RelationshipWithOrganization>
        <PurposeOfLoan>Director</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>100000</OriginalPrincipalAmount>
        <BalanceDue>100000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>JEFFREY MISHON</NamePerson>
        <RelationshipWithOrganization>Director</RelationshipWithOrganization>
        <PurposeOfLoan>Director</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>50000</OriginalPrincipalAmount>
        <BalanceDue>50000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>JOSEPH SAKAL</NamePerson>
        <RelationshipWithOrganization>Director</RelationshipWithOrganization>
        <PurposeOfLoan>Director</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>70000</OriginalPrincipalAmount>
        <BalanceDue>70000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>STEVEN MISHAN</NamePerson>
        <RelationshipWithOrganization>Director</RelationshipWithOrganization>
        <PurposeOfLoan>Director</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>50000</OriginalPrincipalAmount>
        <BalanceDue>50000</BalanceDue>
        <Default>false</Default>
        <ApprovedByBoard>true</ApprovedByBoard>
        <WrittenAgreement>false</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>270000</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000008" softwareId="12000225">
      <GeneralExplanation>
        <Identifier>Pt VI, Line 11b</Identifier>
        <Explanation>form 990 was review by the board of directors</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 19</Identifier>
        <Explanation>all documents, policies and financvial statements are</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>available in the office</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 15b</Identifier>
        <Explanation>Salaries are evaluated by the board</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt XI</Identifier>
        <Explanation>Past due accounts receivable were written off</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt XI</Identifier>
        <Explanation>building was demolished and reclassifed as land</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 15a</Identifier>
        <Explanation>Salaries are evaluated by the board</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>DONATIONS 1685030. 1685030. 0. 0. FURNITURE 87335. 87335. 0. 0. GRANT WRITING 1500. 0. 1500. 0. LUNCH PROGRAMS 362431. 362431. 0. 0. MANDATED SERVICES 18418. 18418. 0. 0. POSTAGE 13318. 0. 13318. 0. RELIGIOUS SERVICES 6701. 6701. 0. 0. SECURITY 142411. 142411. 0. 0. STUDENT ACTIVITIES 98116. 98116. 0. 0. SUMMER DAY CAMP 1945. 1945. 0. 0. TELEPHONE 34976. 0. 34976. 0. UTILITIES 268291. 0. 268291. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>