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      <GeneralExplanation>
        <Identifier>01. Members or stockholder classes and rights (Part VI, line 6)</Identifier>
        <Explanation>THE ACADEMYS MEMBERS VOTE TO ELECT THE BOARD OF DIRECTORS AND ON OTHER MATTERS THAT AFFECT THE ACADEMY</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>02. Member election for additional members (Part VI, line 7a)</Identifier>
        <Explanation>THE MEMBERS OF THE ACADEMY VOTE TO ELECT THE BOARD OF DIRECTORS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>03. Form 990 governing body review (Part VI, line 11)</Identifier>
        <Explanation>THE ACADEMYS TREASURER AND FINANCIAL COMMITTEE REVIEW THE FORM 990 PRIOR TO ITS BEING SIGNED AND FILED</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>04. Conflict of interest policy compliance (Part VI, line 12c)</Identifier>
        <Explanation>ALL OFFICERS AND DIRECTORS MUST CONFIRM ANNUALLY THAT THEY HAVE NO CONFLICTS OF INTEREST</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>05. CEO, executive director, top management comp (Part VI, line 15a)</Identifier>
        <Explanation>COMPENSATION FOR ALL OFFICERS ARE DEDERMINED BY THE BOARD</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>06. Governing documents, etc, available to public (Part VI, line 19)</Identifier>
        <Explanation>AL DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>