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      <OtherExpensesNotIncluded>170624</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>170624</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>1161051</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIII>
        <Identifier>D10</Identifier>
        <ReturnReference>Other revenues included on Form 990 Part XI line 4b</ReturnReference>
        <Explanation>REVENUES INCLUDED ON FORM 990, NOT INCLUDED ON LINE 1 ARE TUITION AID AND FINANCIAL AID TOTALLING $191,022 WHICH WERE NETTING AGAINST REVENUE ON THE AUDITED FINANCIAL STATEMENTS AND REFLECTED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN.</Explanation>
      </Form990ScheduleDPartXIII>
      <Form990ScheduleDPartXIII>
        <Identifier>D12</Identifier>
        <ReturnReference>Other expenses included on Form 990 Part XII line 4b</ReturnReference>
        <Explanation>OTHER EXPENSES INCLUDED ON FORM 990 INCLUDE TUITION AND FINANCIAL AID TOTALLING $170,624 NETTED AGAINST REVENUE IN THE AUDITED FINANCIAL STATEMENTS, BUT INCLUDED AS GRANTS AND PROGRAM SERVICES ON THE TAX RETURN.</Explanation>
      </Form990ScheduleDPartXIII>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="990E">
      <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>false</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>false</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>true</ComplianceWithRevProc7550>
    </IRS990ScheduleE>
    <IRS990ScheduleI documentId="990I">
      <RecordsMaintained>true</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>SCHOLARSHIP AND TUITION ASSISTANCE</TypeOfGrant>
        <NumberOfRecipients>53</NumberOfRecipients>
        <AmountOfNonCashAssistance>120465</AmountOfNonCashAssistance>
        <DescriptionOfNonCashAssistance>TUITION REDUCTIONWAIVER</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>I1</Identifier>
        <ReturnReference>Monitoring procedures Part I line 2</ReturnReference>
        <Explanation>THE SCHOOL MAINTAINS APPLICATIONS AND A STRICT SCHOLARSHIP PROCESS FOR THE AWARDING OF BOTH ACADEMCI AND NEED BASED AID.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="990O">
      <GeneralExplanation>
        <Identifier>O01</Identifier>
        <ReturnReference>Form 990 governing body review Part VI line 11</ReturnReference>
        <Explanation>THE FORM 990 FOR THE FISCAL YEAR ENDED 5/31/12 WAS FILED ON OR BEFORE 03/01/12 IN ACCORDANCE WITH GUIDANCE FROM THE INTERNAL REVENUE SERVICE. IT WILL BE REVIEWED AT THE NEXT BOARD MEETING SUBSEQUENT TO ITS FILING. THE ACADEMY MAKES EVERY EFFORT TO MAKE AVAILABLE UPON REQUEST THE ANNUAL FORM 990 AS WELL AS THE AUDITED FINANCIAL STATEMENTS OF THE ORGANIZATION.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>O02</Identifier>
        <ReturnReference>Governing documents etc available to public Part VI line 19</ReturnReference>
        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>