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        <GrossProceedsInvestedInGIC>false</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>false</GrossProceedsInvested>
        <ExceptionToRebate>false</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleM documentId="RetDoc8">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>17</NumberOfContributions>
        <NoncashContribsRptdF990>124467</NoncashContribsRptdF990>
      </SecuritiesPubliclyTraded>
      <AnyPropertyThatMustBeHeld>false</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>false</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>false</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc9">
      <GeneralExplanation>
        <Identifier>ALL OTHER ACHIEVEMENTS DESCRIPTION</Identifier>
        <ReturnReference>FORM 990, PAGE 2, PART III, LINE 4D</ReturnReference>
        <Explanation>SCHOOL'S SHARE OF UTILITIES</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 990 IS DISTRIBUTED TO ALL BOARD MEMBERS FOR REVIEW AND APPROVAL PRIOR TO FINALIZING AND FILING</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>ENFORCEMENT OF CONFLICTS POLICY</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 12C</ReturnReference>
        <Explanation>THE CONFLICT OF INTEREST POLICY HAS BEEN ATTACHED AS A GENERAL FOOTNOTE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR TOP OFFICIAL</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15A</ReturnReference>
        <Explanation>THE OVERSEERS/BOARD OF DIRECTORS APPROVE SALARY INCREASES BASED ON AN INDEPENDENT STUDY CONDUCTED BY A THIRD PARTY</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>COMPENSATION PROCESS FOR OFFICERS</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 15B</ReturnReference>
        <Explanation>COMPENSATION PROCESS FOR KEY EMPLOYEES INCLUDES AN INDEPENDENT STUDY CONDUCTED BY A THIRD PARTY</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>GOVERNING DOCUMENTS DISCLOSURE EXPLANATION</Identifier>
        <ReturnReference>FORM 990, PAGE 6, PART VI, LINE 19</ReturnReference>
        <Explanation>NO DOCUMENTS AVAILABLE TO THE PUBLIC</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER EXPENSES</Identifier>
        <ReturnReference>FORM 990, PART IX, LINE 24F</ReturnReference>
        <Explanation>DEPARTMENTAL EXPENSE 640,368 REPAIRS AND MAINTENANCE 536,214 DAYCAMP EXPENSE 423,381 GROUNDS EXPENSE 391,951 HOUSE EXPENSE 347,206 LIBRARY 312,504 TUITION WRITE OFF 239,412 PROFESSIONAL ACTIVITIES 173,710 STAFF LUNCHES 151,501 RENT EXPENSE 103,175 HEALTH SERVICES 96,137 TRANSPORTATION 62,245 STUDENT ACTIVITIES 60,188 TESTING &amp; GUIDANCE 23,098 OVERSEER EXPENSES 13,459 CLASS ADVISORS 12,000 DISTRIBUTION OF INCOME 11,799 SAEP PROGRAM 5,425 MISCELLANEOUS 1,611 BOOKS AND SUPPLIES -10,491 FOOD SERVICE -48,079</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>