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      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
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      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
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        <Total>24436</Total>
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        <CurrentTaxYearMinus1Year>3631</CurrentTaxYearMinus1Year>
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        <Depreciation>48475</Depreciation>
        <BookValue>5055</BookValue>
      </OtherLandBuildings>
      <TotalOfBookValueLandBuildings>26738</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>CORPORATE COMPUTER, INC.</Description>
        <BookValue>1600000</BookValue>
        <MethodOfValuation>C</MethodOfValuation>
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      <TotalRevenue>2233653</TotalRevenue>
      <TotalExpenses>1640168</TotalExpenses>
      <ExcessOrDeficitForYear>593485</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>593485</ExcessOrDeficitPerFS>
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      <RevenueSubtotal>2233653</RevenueSubtotal>
      <TotalRevenuePerForm990>2233653</TotalRevenuePerForm990>
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      <GeneralExplanation>
        <Identifier>ORGANIZATION'S MISSION</Identifier>
        <ReturnReference>FORM 990 - ORGANIZATION'S MISSION</ReturnReference>
        <Explanation>THE NATIONAL CHARTER SCHOOLS INSTITUE EXISTS TO DRIVE EXCELLENCE IN EDUCATION. WE CAPTURE HEARTS AND MINDS, INFLUENCE POLICY AND PRACTICE, AND DELIVER WORLD CLASS PROGRAMS, TOOLS AND SERVICES THAT HELP PEOPLE WIN FOR KIDS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ORGANIZATION'S PROCESS USED TO REVIEW FORM 990</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 11B</ReturnReference>
        <Explanation>THE FORM 990 WILL FIRST BE REVIEWED BY THE DIRECTOR OF ADMINISTRATION AND THE FINANCIAL MANAGER. THEN THE FORM 990 WILL BE REVIEWED BY THE PRESIDENT/CEO.</Explanation>
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      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>BOARD MEMBERS ABSTAIN FROM VOTING ON MATTERS WHERE A CONFLICT OF INTEREST EXISTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>UPPER MANAGEMENT SALARIES ARE APPROVED BY THE PRESIDENT AND/OR BOARD.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST.</Explanation>
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