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        <Depreciation>234666</Depreciation>
        <BookValue>2868517</BookValue>
      </Buildings>
      <Equipment>
        <OtherCostOrOtherBasis>153284</OtherCostOrOtherBasis>
        <Depreciation>49160</Depreciation>
        <BookValue>104124</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>2972641</TotalOfBookValueLandBuildings>
      <TotalRevenue>3493160</TotalRevenue>
      <TotalExpenses>3137772</TotalExpenses>
      <ExcessOrDeficitForYear>355388</ExcessOrDeficitForYear>
      <ExcessOrDeficitPerFS>355388</ExcessOrDeficitPerFS>
      <TotRevenueEtcAuditedFinclStmt>3493160</TotRevenueEtcAuditedFinclStmt>
      <RevenueSubtotal>3493160</RevenueSubtotal>
      <TotalRevenuePerForm990>3493160</TotalRevenuePerForm990>
      <TotExpensesEtcAuditedFinclStmt>3137772</TotExpensesEtcAuditedFinclStmt>
      <ExpensesSubtotal>3137772</ExpensesSubtotal>
      <TotalExpensesPerForm990>3137772</TotalExpensesPerForm990>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000004" softwareId="10000104">
      <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>
      <Form990ScheduleEPartII>
        <Identifier>Line 3</Identifier>
        <Explanation>THIS IS A PUBLIC CHARTER SCHOOL AND AS SUCH ADHERES TO ALL REGULATIONS PUT FORTH BY THE NC DEPARTMENT OF PUBLIC INSTRUCTION.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>Line 6b</Identifier>
        <Explanation>N/A</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="00000005" softwareId="10000104">
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 11a</Identifier>
        <Explanation>Form 990 is reviewed prior to filing.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 12c</Identifier>
        <Explanation>Conflict of interest statements are signed annually.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI-B, Line 15</Identifier>
        <Explanation>Salaries are compared to other charter schools.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>EQUIPMENT &amp; LEASES 55668. 55668. 0. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>