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      <TotalBookValueLandBuildingsAmt>227303</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>ACCRUED LEASE EXPENSE</Desc>
        <Amt>180690</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>LEASE INCENTIVE</Desc>
        <Amt>170830</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>351520</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>1650000</TotalRevEtcAuditedFinclStmtAmt>
      <RevenueSubtotalAmt>1650000</RevenueSubtotalAmt>
      <TotalRevenuePerForm990Amt>1650000</TotalRevenuePerForm990Amt>
      <TotExpnsEtcAuditedFinclStmtAmt>1712283</TotExpnsEtcAuditedFinclStmtAmt>
      <ExpensesSubtotalAmt>1712283</ExpensesSubtotalAmt>
      <TotalExpensesPerForm990Amt>1712283</TotalExpensesPerForm990Amt>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc4">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>false</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>false</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>true</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S PUBLICIZES THEIR NONDISCRIMINATION POLICY AT THE SCHOOL AND IN THE EMPLOYEE HANDBOOK.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>NO SCHOLARSHIPS OR OTHER FINANCIAL ASSISTANCE AWARDED</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL WAS AWARDED THE ARIZONA SCHOOLS CHARTER PROGRAM GRANT AND RECIEVED FUNDING FROM THE STATE OF ARIZONA. THE PRIMARY PURPOSE OF THE CSP (TITLE V, PART B, SUBPART 1 OF THE ESEA) IS TO EXPAND THE NUMBER OF HIGH-QUALITY CHARTER SCHOOLS AVAILABLE TO STUDENTS ACROSS THE NATION BY PROVIDING FEDERAL FINANCIAL ASSISTANCE FOR CHARTER SCHOOL PLANNING, PROGRAM DESIGN, AND INITIAL IMPLEMENTATION; AND TO EVALUATE THE EFFECTS OF CHARTER SCHOOLS, INCLUDING THEIR EFFECTS ON STUDENTS (IN PARTICULAR, ON STUDENT ACADEMIC ACHIEVEMENT), STAFF, AND PARENTS.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleO documentId="RetDoc5">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE CEO AND THE OPERATIONS MANAGER AND THEN FORWARDED TO THE BOARD OF DIRECTORS BEFORE IT IS FILED.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE DIRECTORS WILL ANNUALLY SIGN THE SCHOOL'S CONFLICT OF INTEREST ACKNOWLEDGEMENT STATEMENT AT THE FIRST BUDGET MEETING IN JULY OR DISCLOSE CONFLICTS AT THAT TIME. IF THERE IS A CONFLICT A COMMITTEE WILL BE ASSIGNED TO REVIEW THE POTENTIAL CONFLICT AND DETERMINE WHAT THE OUTCOME OF THE MATTER WILL BE.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>ALL COMPENSATION AGREEMENTS FOR TOP OFFICIALS ARE TAKEN TO THE BOARD OF DIRECTORS FOR APPROVAL. SALARIES ARE COMPARED TO AVERAGES IN THE INDUSTRY TO STAY COMPARABLE TO OTHER CHARTER SCHOOLS IN THE AREA.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>284,811 12,373 0</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>