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        <ProgramServices>478838</ProgramServices>
        <ManagementAndGeneral>119710</ManagementAndGeneral>
      </OtherExpenses>
      <OtherExpenses>
        <Description>REPAIRS</Description>
        <Total>67753</Total>
        <ProgramServices>54202</ProgramServices>
        <ManagementAndGeneral>13551</ManagementAndGeneral>
      </OtherExpenses>
      <AllOtherExpenses>
        <Total>2476291</Total>
        <ProgramServices>2118851</ProgramServices>
        <ManagementAndGeneral>357440</ManagementAndGeneral>
      </AllOtherExpenses>
      <TotalFunctionalExpenses>
        <Total>13275928</Total>
        <ProgramServices>10215581</ProgramServices>
        <ManagementAndGeneral>3060347</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
      </TotalFunctionalExpenses>
      <CashNonInterestBearing>
        <BOY>5563684</BOY>
        <EOY>10603187</EOY>
      </CashNonInterestBearing>
      <AccountsReceivable>
        <BOY>1573981</BOY>
        <EOY>2798685</EOY>
      </AccountsReceivable>
      <PrepaidExpensesDeferredCharges>
        <BOY>126226</BOY>
        <EOY>126740</EOY>
      </PrepaidExpensesDeferredCharges>
      <LandBuildingsEquipmentBasis>50294847</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>5358909</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>45763024</BOY>
        <EOY>44935938</EOY>
      </LandBuildingsEquipmentBasisNet>
      <OtherAssetsTotal>
        <BOY>49354</BOY>
        <EOY>47657</EOY>
      </OtherAssetsTotal>
      <TotalAssets>
        <BOY>53076269</BOY>
        <EOY>58512207</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>199499</BOY>
        <EOY>219054</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>106431</BOY>
        <EOY>0</EOY>
      </DeferredRevenue>
      <MortNotesPyblSecuredInvestProp>
        <BOY>6405284</BOY>
        <EOY>5528945</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>865241</BOY>
        <EOY>909326</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>7576455</BOY>
        <EOY>6657325</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>45499814</BOY>
        <EOY>45890096</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <EOY>5964786</EOY>
      </TemporarilyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>45499814</BOY>
        <EOY>51854882</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>53076269</BOY>
        <EOY>58512207</EOY>
      </TotalLiabNetAssetsFundBalances>
      <ReconcilationRevenueExpenses>6355068</ReconcilationRevenueExpenses>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>false</AccountantCompileOrReview>
      <FSAudited>true</FSAudited>
      <AuditCommittee>true</AuditCommittee>
      <FinancialStatementConsolidated>X</FinancialStatementConsolidated>
      <FederalGrantAuditRequired>true</FederalGrantAuditRequired>
      <FederalGrantAuditPerformed>true</FederalGrantAuditPerformed>
    </IRS990>
    <IRS990ScheduleA documentId="IRS990ScheduleA">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="IRS990ScheduleB">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="IRS990ScheduleD">
      <ArtPublicExhibitionAmts />
      <HeldWorksOfArtAmts />
      <Land />
      <Buildings>
        <OtherCostOrOtherBasis>49221444</OtherCostOrOtherBasis>
        <Depreciation>4431921</Depreciation>
        <BookValue>44789523</BookValue>
      </Buildings>
      <LeaseholdImprovements />
      <Equipment>
        <OtherCostOrOtherBasis>926988</OtherCostOrOtherBasis>
        <Depreciation>0</Depreciation>
        <BookValue>0</BookValue>
      </Equipment>
      <OtherLandBuildings />
      <TotalOfBookValueLandBuildings>44789523</TotalOfBookValueLandBuildings>
      <FederalIncomeTaxLiability>0</FederalIncomeTaxLiability>
      <OtherLiabilities>
        <Description>ACCRUED PAYROLL</Description>
        <Amount>692451</Amount>
      </OtherLiabilities>
      <OtherLiabilities>
        <Description>ACCRUED VACATION/SICK LEAVE</Description>
        <Amount>216875</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>909326</TotalOfAmounts>
      <TotalRevenue>19630996</TotalRevenue>
      <TotalExpenses>13275928</TotalExpenses>
      <ExcessOrDeficitForYear>6355068</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>6355068</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>19630996</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>19630996</RevenueSubtotal>
      <TotalRevenuePerForm990>19630996</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>13275928</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>13275928</ExpensesSubtotal>
      <TotalExpensesPerForm990>13275928</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="IRS990ScheduleE">
      <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>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="IRS990ScheduleO">
      <GeneralExplanation>
        <Identifier>DESCRIBE THE PROCESS USED TO REVIEW THE 990?</Identifier>
        <Explanation>THE BOARD HAS AUTHORIZED THE FINANCE COMMITTEE TO REVIEW AND APROVE THE RETURN</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>DESCRIBE HOW THE ORGANIZATION MAKES IT'S GOVERNING DOCUMENTS AVAILABLE</Identifier>
        <Explanation>THIS INFORMATION IS CONTAINED ON THE SCHOOL'S WEBSITE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>HOW DOES THE ORGANIZATION MONITOR AND ENFORCE CONFLICT O/ INT POLICY?</Identifier>
        <Explanation>THE ACCELERATED SCHOOLS SUBMIT PROPOSALS AND RECEIVE BIDS FOR ALL VENDORS/ CONTRACTORS AND SERVICES. THE SCHOOLS POST ALL OPEN POSITIONS AND INTERVIEW. CANDIDATES ARE SELECTED BASED ON POSITION REQUIREMENTS. ALL ITEMS ARE PRESENTED TO THE CEO AND THE DIRECTORS OF FISCAL SERVICES FOR APPROVAL.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>DESCRIBE THE PROCESS FOR DETERMINING THE COMP. FOR TOP OFFICIALS?</Identifier>
        <Explanation>COMPENSATION IS DETERMINED BASED ON THE MARKET, QUALIFICATIONS, AND BUDGET FOR THAT POSITION AND NEEDS OF THE ORGANIZATION. THE ANALYSIS, COMPARISON, AND HIRING IS DONE BY THE BOARD OF TRUSTEES.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="IRS990ScheduleR">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>ACCELERATED CHARTER ELEMENTARY SCHOOL</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>116 E MARTIN LUTHER KING BLVD</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90011</ZIPCode>
        </AddressUS>
        <EIN>870772038</EIN>
        <PrimaryActivities>SCHOOL</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <PublicCharityStatus>2</PublicCharityStatus>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>WALLIS ANNENBERG HIGH SCHOOL</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>116 E MARTIN LUTHER KING BLVD</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90011</ZIPCode>
        </AddressUS>
        <EIN>870772042</EIN>
        <PrimaryActivities>SCHOOL</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <PublicCharityStatus>2</PublicCharityStatus>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>THE ACCELERATED SCHOOL FOUNDATION</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>116 E MARTIN LUTHER KING JR BLVD</AddressLine1>
          <City>LOS ANGELES</City>
          <State>CA</State>
          <ZIPCode>90011</ZIPCode>
        </AddressUS>
        <EIN>260870221</EIN>
        <PrimaryActivities>FOUNDATION</PrimaryActivities>
        <LegalDomicileState>CA</LegalDomicileState>
        <PublicCharityStatus>2</PublicCharityStatus>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>false</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>true</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>false</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>false</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>false</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>false</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>false</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>false</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>false</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>false</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>false</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>false</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>false</SharingOfFacilities>
      <SharingOfPaidEmployees>false</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>false</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>false</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>false</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>false</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>THE ACCELERATED SCHOOL FOUNDATION</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>B</TransactionType>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
  </ReturnData>
</Return>