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      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF DOCUMENT RETENTION</Identifier>
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      <Form990ScheduleEPartII>
        <Identifier>EXPLANATION OF GOVERNMENT FINANCIAL ASSISTANCE</Identifier>
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        <Explanation>LISA ACADEMY RECEIVES FEDERAL AND STATE FUNDING FOR THEIR PROGRAMS.</Explanation>
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        <CUSIPNumber>NONEAVAIL</CUSIPNumber>
        <DateIssued>2010-12-15</DateIssued>
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        <DescriptionOfPurpose>QUALIFIED SCHOOL CONTRUCTION BONDS, SR CHARTER SCHOOL LEASE BDS SERIES 2010Q</DescriptionOfPurpose>
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      </GeneralExplanation>
      <GeneralExplanation>
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      <GeneralExplanation>
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        <Explanation>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS AND POLICIES AVAILABLE TO THE PUBLIC UPON REQUEST AT 21 CORPORATE HILL DRIVE, LITTLE ROCK, AR 72205, AND ALSO 5410 LANDERS ROAD, SHERWOODK, AR 72117.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
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