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        <Desc>DUE TO COLO ROCKY MTN SCHOOL FDTN</Desc>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 1, PART II, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>DURING THE YEAR, COLORADO ROCKY MOUNTAIN SCHOOL, INC. HELD AN EASEMENT, BUT DID NOT RECEIVE AN EASEMENT, FOR CONSERVATION PURPOSES. ON AUGUST 3, 1999, CRYSTAL RIVER RANCH, LLC ("GRANTOR") MADE A DEED OF CONSERVATION EASEMENT IN FAVOR OF COLORADO ROCKY MOUNTAIN SCHOOL, INC. ("GRANTEE") ON APPROXIMATELY 15.7 ACRES OF PROPERTY ADJACENT TO COLORADO ROCKY MOUNTAIN SCHOOL, INC. PRESERVATION OF AGRICULTURAL USE AND OPEN SPACE WERE NOTED AS CONSERVATION VALUES. COLORADO ROCKY MOUNTAIN SCHOOL, INC. DOES NOT CLAIM TO BE A "QUALIFIED ORGANIZATION" UNDER SECTION 170(B)(3)(B) OF THE INTERNAL REVENUE CODE. NO FINANCIAL TRANSACTION WAS RECORDED IN THE ORGANIZATION'S FINANCIAL STATEMENTS RELATED TO THIS CONSERVATION EASEMENT.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 2, PART V, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>QUASI-ENDOWMENT FUNDS ARE FOR THE FOLLOWING TYPES OF ACTIVITIES: 1. RENEWAL, REPLACEMENT, AND SPECIAL MAINTENANCE ACTIVITIES THAT RETIRE THE ACCUMULATED BACKLOG OF DEFERRED MAINTENANCE OVER A SHORT-TERM PERIOD AND THAT BRING THE PLANT INTO RELIABLE OPERATING CONDITION ("CATCH-UP" MAINTENANCE); 2. RENEWAL ACTIVITIES AND FUNDING OR RESERVES THAT MAINTAIN THE GOOD CONDITION OF THE PLANT FOR ITS PRESENT USES; 3. ADAPTATION ACTIVITIES AND FUNDING FOR RESERVES TO ALTER THE PHYSICAL PLANT FOR CHANGES IN USE (I. E., CHANGES IN INSTRUCTIONAL AND ADMINISTRATIVE TECHNOLOGY, CHANGES IN BUILDING USE, CHANGES FOR GAINS IN EFFICIENCY AND COST SAVINGS) AND CHANGING CODES AND STANDARDS (I. E., ASBESTOS REMOVAL AND ENCAPSULATION, ADA, OTHER EXTERNALLY IMPOSED LAWS AND REGULATIONS).</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE D, PAGE 3, PART X</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL HAS RECEIVED INTERNAL REVENUE SERVICE EXEMPTIONS FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3). ACCORDINGLY, NO PROVISION OR LIABILITY FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE RACIAL NONDISCRIMINATORY POLICY WAS PUBLISHED IN THE DENVER POST AND YOUR HUB ON WEDNESDAY, APRIL 16, 2025.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 5</FormAndLineReferenceDesc>
        <ExplanationTxt>IN ITS EFFORTS TO ACHIEVE A DIVERSE STUDENT BODY, THE ORGANIZATION OCCASIONALLY FAVORS MEMBERS OF ONE OR MORE RACIAL MINORITY GROUPS IN THE ADMINISTRATION OF ITS FINANCIAL AID.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE I, PAGE 1, PART I, LINE 2</FormAndLineReferenceDesc>
        <ExplanationTxt>CRMS GRANTS SCHOLARSHIPS TO STUDENTS ENROLLED IN THE SCHOOL'S PROGRAMS. CRMS DETERMINES STUDENT ELIGIBILITY BASED UPON THE STUDENT'S NEED. SOME SCHOLARSHIPS ARE AWARDED BASED UPON ACADEMIC ACHIEVEMENT. THE SCHOOL HAS A STUDENT FINANCIAL ASSISTANCE OFFICE THAT ACCUMULATES ALL REQUIRED INFORMATION FROM THE STUDENTS. THE OFFICE AWARDS SCHOLARSHIPS BASED UPON CRITERIA ESTABLISHED BY THE SCHOOL.</ExplanationTxt>
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      <HousingAllowanceOrResidenceInd>X</HousingAllowanceOrResidenceInd>
      <WrittenPolicyRefTAndEExpnssInd>true</WrittenPolicyRefTAndEExpnssInd>
      <SubstantiationRequiredInd>true</SubstantiationRequiredInd>
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      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
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      <SupplementalNonqualRtrPlanInd>true</SupplementalNonqualRtrPlanInd>
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        <PersonNm>JOSEPH D WHITE</PersonNm>
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        <PersonNm>MOLLY HALL DORAIS</PersonNm>
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        <PersonNm>MARK BELL</PersonNm>
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        <FormAndLineReferenceDesc>SCHEDULE J, PAGE 1, PART I, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>JEFFREY V. LEAHY 0 23,250 0 JOSEPH D. WHITE 0 12,000 0</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE J, PART III</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHEDULE J, PART I, LINES 1A AND 1B: HOUSING AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE SCHOOL: JEFF LEAHY, HEAD OF SCHOOL, AND JOSEPH WHITE, ASSISTANT TREASURER, WERE REQUIRED TO LIVE IN COLORADO ROCKY MOUNTAIN SCHOOL, INC. RESIDENCES. THE ESTIMATED ANNUAL RENTAL VALUE OF THE SCHOOL-PROVIDED RESIDENCES OF 54,000 FOR EACH IS INCLUDED IN SCHEDULE J, COLUMN D - NON-TAXABLE BENEFITS. AN INDEPENDENT REAL ESTATE APPRAISER PROVIDED THE ESTIMATED RENTAL VALUE OF THE SCHOOL- PROVIDED RESIDENCES IN 2009. THE VALUES INCREASED IN FISCAL YEAR 2024 BASED ON MANAGEMENT'S ESTIMATE. SCHEDULE J, PART I, LINE 4B: EFFECTIVE OCTOBER 1, 2008, COLORADO ROCKY MOUNTAIN SCHOOL, INC. ESTABLISHED THE COLORADO ROCKY MOUNTAIN SCHOOL 457(B) PLAN TO PROVIDE CERTAIN KEY EMPLOYEES OF THE SCHOOL WITH RETIREMENT BENEFITS IN ADDITION TO BENEFITS PROVIDED UNDER OTHER SCHOOL-SPONSORED RETIREMENT PLANS. THE PLAN IS INTENDED TO COMPLY WITH THE APPLICABLE REQUIREMENTS OF CODE SECTION 409 (A). UNTIL PAID OR MADE AVAILABLE TO THE PARTICIPANT, ALL DEFERRED AMOUNTS AND INVESTMENT EARNINGS RELATED TO THE DEFERRAL AMOUNTS ARE SOLELY THE PROPERTY AND RIGHTS OF THE SCHOOL AND ARE SUBJECT TO THE CLAIMS OF THE SCHOOL'S CREDITORS. CURRENTLY, HEAD OF SCHOOL JEFF LEAHY AND JOSEPH WHITE, ASSISTANT TREASURER, ARE THE ONLY EMPLOYEES PARTICIPATING IN THE PLAN. FOR THE YEAR ENDED JUNE 30, 2025, CRMS CONTRIBUTED 23,250 TO THIS PLAN FOR JEFF LEAHY, AND JOSEPH WHITE CONTRIBUTED 12,000 TO THE PLAN.</ExplanationTxt>
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        <AssistancePurposeTxt>TUITION ASSISTANCE</AssistancePurposeTxt>
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        <FormAndLineReferenceDesc>SCHEDULE L, PART V</FormAndLineReferenceDesc>
        <ExplanationTxt>CRMS GRANTS SCHOLARSHIPS TO STUDENTS ENROLLED IN THE SCHOOL'S PROGRAMS. CRMS DETERMINES STUDENT ELIGIBILITY BASED UPON THE STUDENT'S NEED. SOME SCHOLARSHIPS ARE AWARDED BASED UPON ACADEMIC ACHIEVEMENT. THE SCHOOL HAS A STUDENT FINANCIAL ASSISTANCE OFFICE THAT ACCUMULATES ALL REQUIRED INFORMATION FROM THE STUDENTS. THE OFFICE AWARDS SCHOLARSHIPS BASED UPON CRITERIA ESTABLISHED BY THE SCHOOL.</ExplanationTxt>
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        <MethodOfDeterminingRevenuesTxt>AVERAGE FAIR MARKET VALUE</MethodOfDeterminingRevenuesTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 1, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>FUNDRAISING, ADMINISTRATIVE ASSISTANCE, BOARD OF TRUSTEES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI</FormAndLineReferenceDesc>
        <ExplanationTxt>SECTION B, LINE 12B: TRUSTEES ARE REQUIRED TO ANNUALLY DISCLOSE INTERESTS THAT COULD GIVE RISE TO CONFLICTS OF INTEREST. KEY EMPLOYEES, INCLUDING THOSE WHO ARE OFFICERS, ARE NOT REQUIRED TO MAKE SUCH A DISCLOSURE.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>1. NONDISCRIMINATION POLICIES THE MOST SIGNIFICANT EXPANSION OCCURS IN ARTICLE I, SECTION 5. EXPANDED PROTECTED CLASSES: THE 2025 VERSION ADDS SPECIFIC PROTECTIONS AGAINST DISCRIMINATION BASED ON CREED, ANCESTRY, MARITAL STATUS, SEXUAL ORIENTATION, AGE, PHYSICAL DISABILITY, VETERAN'S STATUS, AND POLITICAL SERVICE OR AFFILIATION. STUDENT ADMISSIONS: A NEW SUBSECTION (A) EXPLICITLY DETAILS NONDISCRIMINATION REGARDING STUDENT RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES. SELECTION BASIS: SUBSECTION (B) MANDATES THAT OFFICERS, DIRECTORS, EMPLOYEES, AND PERSONS SERVED MUST BE SELECTED ENTIRELY ON A NONDISCRIMINATORY BASIS. 2. BOARD GOVERNANCE AND TERMINOLOGY BOARD TITLE: ARTICLE II, SECTION 1 NOW CLARIFIES THAT THE BUSINESS OF THE CORPORATION IS MANAGED BY A "BOARD OF DIRECTORS, KNOWN AS THE BOARD OF TRUSTEES". REPLACEMENT OF TRUSTEES: SECTION 3(A) ADDS "RESIGNATION, REMOVAL, OR DEATH" AS EXPLICIT CONDITIONS UNDER WHICH A NEW TRUSTEE MAY BE ELECTED TO REPLACE AN EXISTING ONE BEFORE THEIR TERM EXPIRES. QUORUM DEFINITION: SECTION 4 SPECIFICALLY NOTES THAT A MAJORITY OF MEMBERS CONSTITUTES A QUORUM FOR BOTH REGULAR AND SPECIAL MEETINGS. 3. EXECUTIVE COMMITTEE AUTHORITY WHILE THE BROAD POWERS OF THE EXECUTIVE COMMITTEE REMAIN LARGELY THE SAME, ARTICLE VI, SECTION 4(A) WAS MODIFIED. BYLAW AMENDMENTS: THE 2025 VERSION REMOVES "BYLAWS" FROM THE LIST OF ITEMS THE EXECUTIVE COMMITTEE IS SPECIFICALLY PROHIBITED FROM ALTERING WITHOUT BOARD APPROVAL. HOWEVER, ARTICLE VI, SECTION 1 STILL STATES THAT NO COMMITTEE HAS THE AUTHORITY TO AMEND, ALTER, OR REPEAL THE BYLAWS. 4. RECORDKEEPING AND COMPLIANCE EXPANDED SCOPE: ARTICLE XI, SECTION 1 (FORMERLY ARTICLE XII) NOW REQUIRES THE CORPORATION TO KEEP RECORDS OF ALL ACTIONS TAKEN WITHOUT A MEETING AND RECORDS OF ALL WAIVERS OF NOTICES FOR MEETINGS OF THE BOARD AND ITS COMMITTEES. CONFLICT OF INTEREST: THE 2020 VERSION CONTAINED A DETAILED "ARTICLE IX: CONFLICTS OF INTEREST" . IN THE 2025 VERSION, THIS IS LARGELY SIMPLIFIED. THE HEAD OF SCHOOL IS NOW SUBJECT TO POLICIES "AS OTHERWISE PROMULGATED BY THE CORPORATION,- AND THE EXTENSIVE "VOID OR VOIDABLE" TRANSACTION RULES FROM THE 2020 VERSION ARE NOT PRESENT IN THE 2025 TEXT. 5. ADMINISTRATIVE AND STRUCTURAL CHANGES ARTICLE REORDERING: THE 2025 VERSION CONSOLIDATES THE DOCUMENT INTO 13 ARTICLES, WHEREAS THE 2020 VERSION HAD 14 ARTICLES. THIS WAS ACHIEVED BY MERGING OR REORDERING SECTIONS, SUCH AS THE "CONFLICTS OF INTEREST- AND "DISSOLUTION" ARTICLES. SIGNATORIES: THE 2025 BYLAWS WERE CERTIFIED BY RAVI VENKATESWARAN (SECRETARY) AND GURDON STANTON WATTLES (PRESIDENT) , REPLACING THE 2020 LEADERSHIP OF ROANNE ROGERS AND VIRGINIA NEWTON.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>A COPY OF THE FORM 990 IS ELECTRONICALLY SUBMITTED TO THE GOVERNING BODY FOR THEIR REVIEW.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S TRUSTEES AND HIS/HER FAMILY MEMBERS ARE COVERED UNDER ITS CONFLICT OF INTEREST POLICY. THE ASSISTANT TREASURER REVIEWS ALL BUSINESS TRANSACTIONS. HE REMINDS TRUSTEES TO REVIEW AND COMPLY WITH THE CONFLICT OF INTEREST POLICY IN THE EVENT ANY TRANSACTION IS BETWEEN THE ORGANIZATION AND A TRUSTEE. TRUSTEES DEEMED TO HAVE A CONFLICT MUST REMOVE THEMSELVES FROM VOTING ON RELATED MATTERS BEFORE THE GOVERNING BODY AND MAY NOT EXERCISE UNDUE INFLUENCE ON SUCH DISCUSSIONS.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>AN AD-HOC COMMITTEE OF MEMBERS OF THE GOVERNING BODY WAS ORGANIZED IN 2017 FOR THE PURPOSE OF DETERMINING COMPENSATION OF THE HEAD OF SCHOOL, THE ORGANIZATION'S TOP MANAGEMENT OFFICIAL. THIS COMMITTEE USED COMPARABLE COMPENSATION DATA FOR HEADS OF SCHOOLS AT OTHER INDEPENDENT SCHOOLS TO MAKE ITS RECOMMENDATION. THE GOVERNING BODY WAS PRESENTED WITH AND ACCEPTED THE RECOMMENDATION OF THE AD-HOC COMMITTEE. A FOUR-YEAR WRITTEN CONTRACT WAS ISSUED TO AND ACCEPTED BY THE HEAD OF SCHOOL. CONTEMPORANEOUS DOCUMENTATION OF THE COMMITTEE'S WORK, DELIBERATIONS, AND APPROVAL BY THE BOARD OF TRUSTEES WAS MAINTAINED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION OF OTHER OFFICERS AND KEY EMPLOYEES IS DETERMINED BY THE HEAD OF SCHOOL AND IS REVIEWED BY THE FINANCE COMMITTEE OF THE BOARD OF TRUSTEES ON AN ANNUAL BASIS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, FINANCIAL STATEMENTS, FORM 990, AND FORM 1023 AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XI, LINE 9</FormAndLineReferenceDesc>
        <ExplanationTxt>SCHOLARSHIPS NETTED WITH REVENUE -702,500 SCHOLARSHIPS NETTED WITH REVENUE -1,562,500 SCHOLARSHIPS NETTED WITH TUITION REVENUE 1,562,500 SCHOLARSHIPS NETTED WITH TUITION REVENUE 702,500</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART XII</FormAndLineReferenceDesc>
        <ExplanationTxt>LINE 2B: FOR THE FISCAL YEAR ENDED JUNE 30, 2025, THE ORGANIZATION RECEIVED A COMBINED AUDITED STATEMENT OF FINANCIAL POSITION OF COLORADO ROCKY MOUNTAIN SCHOOL, INC. AND COLORADO ROCKY MOUNTAIN SCHOOL FOUNDATION, INC., AND THE RELATED COMBINED STATEMENTS OF ACTIVITIES, FUNCTIONAL EXPENSES, AND CASH FLOWS FOR THE YEAR THEN ENDED. THESE STATEMENTS WERE PREPARED IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.</ExplanationTxt>
      </SupplementalInformationDetail>
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        <DisregardedEntityName>
          <BusinessNameLine1Txt>COLO ROCKY MTN SCHOOL FDTN INC</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>COLO ROCKY MTN SCHOOL FDTN INC</BusinessNameLine2Txt>
        </DisregardedEntityName>
        <USAddress>
          <AddressLine1Txt>500 HOLDEN WAY</AddressLine1Txt>
          <CityNm>CARBONDALE</CityNm>
          <StateAbbreviationCd>CO</StateAbbreviationCd>
          <ZIPCd>81623</ZIPCd>
        </USAddress>
        <EIN>841249911</EIN>
        <PrimaryActivitiesTxt>SUPPORTING</PrimaryActivitiesTxt>
        <LegalDomicileStateCd>CO</LegalDomicileStateCd>
        <ExemptCodeSectionTxt>501C3</ExemptCodeSectionTxt>
        <PublicCharityStatusTxt>12A</PublicCharityStatusTxt>
        <DirectControllingEntityName>
          <BusinessNameLine1Txt>CRMS</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>COLORADO ROCKY MOUNTAIN SCHOOL INC</BusinessNameLine2Txt>
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      <ReceiptOfIntAnntsRntsRyltsInd>false</ReceiptOfIntAnntsRntsRyltsInd>
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      <GiftGrntCapContriFromOthOrgInd>true</GiftGrntCapContriFromOthOrgInd>
      <LoansOrGuaranteesToOtherOrgInd>false</LoansOrGuaranteesToOtherOrgInd>
      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
      <DivRelatedOrganizationInd>false</DivRelatedOrganizationInd>
      <AssetSaleToOtherOrgInd>false</AssetSaleToOtherOrgInd>
      <AssetPurchaseFromOtherOrgInd>false</AssetPurchaseFromOtherOrgInd>
      <AssetExchangeInd>false</AssetExchangeInd>
      <RentalOfFacilitiesToOthOrgInd>false</RentalOfFacilitiesToOthOrgInd>
      <RentalOfFcltsFromOthOrgInd>false</RentalOfFcltsFromOthOrgInd>
      <PerformOfServicesForOthOrgInd>false</PerformOfServicesForOthOrgInd>
      <PerformOfServicesByOtherOrgInd>false</PerformOfServicesByOtherOrgInd>
      <SharingOfFacilitiesInd>false</SharingOfFacilitiesInd>
      <PaidEmployeesSharingInd>false</PaidEmployeesSharingInd>
      <ReimbursementPaidToOtherOrgInd>false</ReimbursementPaidToOtherOrgInd>
      <ReimbursementPaidByOtherOrgInd>false</ReimbursementPaidByOtherOrgInd>
      <TransferToOtherOrgInd>false</TransferToOtherOrgInd>
      <TransferFromOtherOrgInd>false</TransferFromOtherOrgInd>
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        <OtherOrganizationName>
          <BusinessNameLine1Txt>COLO ROCKY MTN SCHOOL FDTN INC</BusinessNameLine1Txt>
          <BusinessNameLine2Txt>COLO ROCKY MTN SCHOOL FDTN INC</BusinessNameLine2Txt>
        </OtherOrganizationName>
        <TransactionTypeTxt>C</TransactionTypeTxt>
        <InvolvedAmt>272964</InvolvedAmt>
        <MethodOfAmountDeterminationTxt>ACTUAL COST</MethodOfAmountDeterminationTxt>
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</Return>