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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FRANKLIN ACADEMY ADVERTISES ITS POLICY THROUGH SCHOOL PUBLICATIONS, SUCH AS THE ADMISSIONS BROCHURE AND A NEWSLETTER AND THROUGH ITS WEBSITE. IN ALL OF THESE AVENUES OF ADVERTISEMENT THE FOLLOWING STATEMENT APPEARS: "FRANKLIN ACADEMY DOES NOT DISCRIMINATE ON THE BASIS OF RACE, RELIGION, GENDER, ORIENTATION, OR NATIONAL ORIGIN IN ITS EDUCATIONAL PROGRAMS, ADMISSION AND HIRING POLICIES, OR ANY OF ITS SCHOOL ACTIVITIES."</ExplanationTxt>
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        <PersonNm>A FRED WEISSBACH</PersonNm>
        <TitleTxt>HEAD OF SCHOOL</TitleTxt>
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          <PersonNm>FRED WEISSBACH</PersonNm>
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        <RelationshipDescriptionTxt>KEY EMPLOYEE</RelationshipDescriptionTxt>
        <TransactionDesc>RENTAL OF PROPERTY</TransactionDesc>
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      <BusTrInvolveInterestedPrsnGrp>
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        <ExplanationTxt>PART IV: BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: (1) THE HEADMASTER, A. FRED WEISSBACH, WAS COMPENSATED 86,100 FOR TWO PROPERTIES HE RENTED TO THE SCHOOL. THESE PROPERTIES INCLUDED THREE HOMES, 50 ACRES OF LAND, A POND AND A BARN. ALL WERE AVAILABLE FOR THE EXCLUSIVE USE OF THE SCHOOL. (2) TOM HAYS, ASSISTANT HEAD OF SCHOOL IS MARRIED TO REBECCA HAYS, PROGRAM DIRECTOR. (3) MARY MURPHY IS THE DEVELOPMENT DIRECTOR. (4) JOSH WEISSBACH, RESIDENTIAL SPECIALIST, IS A FAMILY MEMBER OF THE HEADMASTER, A. FRED WEISSBACH</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>FRANKLIN ACADEMY IS AN ACCREDITED COLLEGE PREPARATORY BOARDING SCHOOL, SERVING BOYS AND GIRLS IN GRADES 8-12. FRANKLIN CREATES A COMMUNITY- FOCUSED BOARDING AND DAY SCHOOL WHERE STUDENTS WITH UNIQUE LEARNING STYLES DEVELOP AND STRENGTHEN ACADEMIC AND SOCIAL COMPETENCIES VITAL TO THE PURSUIT OF COLLEGE GOALS, PROFESSIONAL ASPIRATIONS, AND FULFILLING LIVES.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE FORM 990 IS REVIEWED BY THE ENTIRE BOARD OF TRUSTEES PRIOR TO THE FILING OF THE RETURN.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>REGULAR MEETINGS ARE HELD WHERE THIS ISSUE CAN BE DISCUSSED.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION DECISIONS ARE DETERMINED BY THE BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPENSATION DECISIONS ARE DETERMINED BY THE BOARD.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.</ExplanationTxt>
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  </ReturnData>
</Return>