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      <ProgramServiceRevenue>
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      <ProgramServiceRevenue>
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      <ProgramServiceRevenue>
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      <ProgramServiceRevenue>
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        <ManagementAndGeneral>54576</ManagementAndGeneral>
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      <InformationTechnology>
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        <Fundraising>15069</Fundraising>
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        <ManagementAndGeneral>1298</ManagementAndGeneral>
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        <ProgramServices>826092</ProgramServices>
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      <OtherExpenses>
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        <ProgramServices>497688</ProgramServices>
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      <OtherExpenses>
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        <ProgramServices>367939</ProgramServices>
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      <OtherExpenses>
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        <EOY>43599330</EOY>
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      <Form990ScheduleKPartI>
        <IssuerName>
          <BusinessNameLine1>CSCDA</BusinessNameLine1>
        </IssuerName>
        <IssuerEIN>521598225</IssuerEIN>
        <CUSIPNumber>130911m49</CUSIPNumber>
        <DateIssued>2005-05-01</DateIssued>
        <IssuePrice>12635000</IssuePrice>
        <DescriptionOfPurpose>DEBT REFINANCE</DescriptionOfPurpose>
        <Defeased>0</Defeased>
        <OnBehalfOfIssuer>0</OnBehalfOfIssuer>
      </Form990ScheduleKPartI>
      <Form990ScheduleKPartII>
        <TotalProceeds>12635000</TotalProceeds>
        <IssuanceCostsFromProceeds>3391</IssuanceCostsFromProceeds>
        <YearOfSubstCompletion>2005</YearOfSubstCompletion>
        <CurrentRefunding>0</CurrentRefunding>
        <AdvanceRefunding>0</AdvanceRefunding>
        <FinalAllocationMade>0</FinalAllocationMade>
        <AdequateBooksAndRecdsMaintaind>1</AdequateBooksAndRecdsMaintaind>
      </Form990ScheduleKPartII>
      <Form990ScheduleKPartIII>
        <OwningBondFinancedProperty>0</OwningBondFinancedProperty>
        <AnyLeaseArrangements>0</AnyLeaseArrangements>
        <MngmentCntrctBondFinancdPrprty>0</MngmentCntrctBondFinancdPrprty>
        <AnyResearchAgreements>0</AnyResearchAgreements>
        <BondCounselRoutinelyEngaged>0</BondCounselRoutinelyEngaged>
        <PrcntgePrvtBusinessUseByOthers>0.00000</PrcntgePrvtBusinessUseByOthers>
        <PercentageOfPrvtBusinessReUBI>0.00000</PercentageOfPrvtBusinessReUBI>
        <TotalPrivateBusinessUse>0.00000</TotalPrivateBusinessUse>
        <PostIssuanceComplianceProcdrs>0</PostIssuanceComplianceProcdrs>
      </Form990ScheduleKPartIII>
      <Form990ScheduleKPartIV>
        <Form8038TFiled>0</Form8038TFiled>
        <VariableRateIssue>1</VariableRateIssue>
        <HedgeIdentifiedInBooksAndRecds>0</HedgeIdentifiedInBooksAndRecds>
        <GrossProceedsInvestedInGIC>0</GrossProceedsInvestedInGIC>
        <GrossProceedsInvested>0</GrossProceedsInvested>
        <ExceptionToRebate>0</ExceptionToRebate>
      </Form990ScheduleKPartIV>
    </IRS990ScheduleK>
    <IRS990ScheduleM documentId="RetDoc1042900001">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>6</NumberOfContributions>
        <NoncashContribsRptdF990>163585</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>FMV ON DATE OF GIFT</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <NumberOf8283Received>0</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>0</ThirdPartiesUsed>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>THE TAX RETURN WAS PROVIDED VIA EMAIL TO EACH MEMBER OF THE BOARD OF TRUSTEES AS WELL AS THE HEAD OF SCHOOL AND THE DIRECTOR OF FINANCE AND OPERATIONS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 12c</Identifier>
        <Explanation>EACH BOARD OF TRUSTEE MEMBER AND OFFICER IS GIVEN A COPY OF THE POLICY ANNUALLY AND REQUIRED TO STATE THEIR COMPLIANCE WITH THE POLICY AND/OR STATE ANY CONFLICTS THAT MAY EXIST AT THE TIME. THE MEMBERS ARE REQUIRED TO NOTIFY MANAGEMENT SHOULD ANY CONFLICTS ARISE OR STATUS OF THEIR COMPLIANCE CHANGE THROUGHOUT THE YEAR.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 15</Identifier>
        <Explanation>All salaries are benchmarked with similar position in our peer schools and include criteria for employment history and education. Salaries for the Head of School are recommended by an independent consultant and then reviewed and approved by the Board of Trustees and our employment attorney. Salaries for our management positions are reviewed and approved by our Head of School once the benchmarking process is completed. All benchmarking is documented, deliberations noted and employment agreements signed by both the Head of School and the employee.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section C, line 19</Identifier>
        <Explanation>BY LAWS, CONFLICT OF INTEREST POLICIES, FINANCIAL STATEMENTS, AND ALL OTHER POLICY DOCUMENTS ARE AVAILABLE FROM THE BUSINESS OFFICE UPON REQUEST.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990, PART XI, LINE 2C</Identifier>
        <Explanation>THE AUDIT COMMITTEE ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT OF ITS FINANCIAL STATEMENTS AND SELECTION OF AN INDEPENDENT AUDITOR.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>