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        <FormAndLineReferenceDesc>PART V, LINE 4:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL HAS TWO ENDOWMENT FUNDS THAT ARE TO BE MAINTAINED IN PERPETUITY; MARGARET B. MASTERS FUND AND SCHOLARSHIP FUND. THE EARNINGS ON THE MARGARET B. MASTERS FUND ARE WITHOUT DONOR RESTRICTIONS. THE EARNINGS FROM THE SCHOLARSHIP FUND ARE TO BE USED TO FUND SCHOLARSHIPS.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>THE SCHOOL FOLLOWS THE PROVISIONS OF ASC TOPIC 740, INCOME TAXES, AND IS NOT AWARE OF ANY UNCERTAIN TAX POSITIONS, AND ACCORDINGLY, NO CORRESPONDING LIABILITY, INCLUDING PENALTIES AND INTEREST, HAS BEEN RECORDED.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION A, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL DELEGATED CONTROL OVER MANAGEMENT DUTIES TO DAZA DEVELOPMENT IN 2/2025.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A DRAFT IS PROVIDED TO THE BOARD FOR COMMENT BEFORE FINAL APPROVAL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>EVERY BOARD MEMBER IS REQUIRED TO FILL OUT AND SIGN THE CONFLICT OF INTEREST FORM EACH YEAR.</ExplanationTxt>
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      <SupplementalInformationDetail>
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