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        <TotalAmt>670804</TotalAmt>
        <ProgramServicesAmt>454372</ProgramServicesAmt>
        <ManagementAndGeneralAmt>179015</ManagementAndGeneralAmt>
        <FundraisingAmt>37417</FundraisingAmt>
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      <OtherEmployeeBenefitsGrp>
        <TotalAmt>181822</TotalAmt>
        <ProgramServicesAmt>106526</ProgramServicesAmt>
        <ManagementAndGeneralAmt>54246</ManagementAndGeneralAmt>
        <FundraisingAmt>21050</FundraisingAmt>
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      <PayrollTaxesGrp>
        <TotalAmt>57728</TotalAmt>
        <ProgramServicesAmt>33822</ProgramServicesAmt>
        <ManagementAndGeneralAmt>17223</ManagementAndGeneralAmt>
        <FundraisingAmt>6683</FundraisingAmt>
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      <FeesForServicesLegalGrp>
        <TotalAmt>1713</TotalAmt>
        <ProgramServicesAmt>0</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1713</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
        <TotalAmt>25486</TotalAmt>
        <ProgramServicesAmt>0</ProgramServicesAmt>
        <ManagementAndGeneralAmt>25486</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <FeesForSrvcInvstMgmntFeesGrp>
        <TotalAmt>5273</TotalAmt>
        <ProgramServicesAmt>0</ProgramServicesAmt>
        <ManagementAndGeneralAmt>5273</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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        <ProgramServicesAmt>9879</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2257</ManagementAndGeneralAmt>
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        <ManagementAndGeneralAmt>22218</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <InformationTechnologyGrp>
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        <ProgramServicesAmt>2283</ProgramServicesAmt>
        <ManagementAndGeneralAmt>2283</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>22823</ProgramServicesAmt>
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        <FundraisingAmt>5372</FundraisingAmt>
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      <ConferencesMeetingsGrp>
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        <ProgramServicesAmt>3138</ProgramServicesAmt>
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        <FundraisingAmt>0</FundraisingAmt>
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        <ProgramServicesAmt>52817</ProgramServicesAmt>
        <ManagementAndGeneralAmt>25501</ManagementAndGeneralAmt>
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        <ProgramServicesAmt>14633</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7065</ManagementAndGeneralAmt>
        <FundraisingAmt>3445</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>MAINTENANCE</Desc>
        <TotalAmt>34662</TotalAmt>
        <ProgramServicesAmt>20173</ProgramServicesAmt>
        <ManagementAndGeneralAmt>9740</ManagementAndGeneralAmt>
        <FundraisingAmt>4749</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>SUMMER SCHOOL AND OTHER</Desc>
        <TotalAmt>4194</TotalAmt>
        <ProgramServicesAmt>4194</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>STUDENT ACTIVITIES</Desc>
        <TotalAmt>15047</TotalAmt>
        <ProgramServicesAmt>15047</ProgramServicesAmt>
        <ManagementAndGeneralAmt>0</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <OtherExpensesGrp>
        <Desc>DUES AND SUBSCRIPTIONS</Desc>
        <TotalAmt>9230</TotalAmt>
        <ProgramServicesAmt>4615</ProgramServicesAmt>
        <ManagementAndGeneralAmt>4615</ManagementAndGeneralAmt>
        <FundraisingAmt>0</FundraisingAmt>
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      <AllOtherExpensesGrp>
        <TotalAmt>63744</TotalAmt>
        <ProgramServicesAmt>25590</ProgramServicesAmt>
        <ManagementAndGeneralAmt>7746</ManagementAndGeneralAmt>
        <FundraisingAmt>30408</FundraisingAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>1649400</TotalAmt>
        <ProgramServicesAmt>1000008</ProgramServicesAmt>
        <ManagementAndGeneralAmt>456321</ManagementAndGeneralAmt>
        <FundraisingAmt>193071</FundraisingAmt>
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      <CashNonInterestBearingGrp>
        <BOYAmt>312294</BOYAmt>
        <EOYAmt>223278</EOYAmt>
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      <PledgesAndGrantsReceivableGrp>
        <BOYAmt>3467</BOYAmt>
        <EOYAmt>2637</EOYAmt>
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      <AccountsReceivableGrp>
        <BOYAmt>8913</BOYAmt>
        <EOYAmt>8158</EOYAmt>
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      <PrepaidExpensesDefrdChargesGrp>
        <BOYAmt>2045</BOYAmt>
        <EOYAmt>15449</EOYAmt>
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      <LandBldgEquipCostOrOtherBssAmt>2846565</LandBldgEquipCostOrOtherBssAmt>
      <LandBldgEquipAccumDeprecAmt>1395043</LandBldgEquipAccumDeprecAmt>
      <LandBldgEquipBasisNetGrp>
        <BOYAmt>1496562</BOYAmt>
        <EOYAmt>1451522</EOYAmt>
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      <InvestmentsPubTradedSecGrp>
        <BOYAmt>875607</BOYAmt>
        <EOYAmt>868845</EOYAmt>
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        <BOYAmt>2698888</BOYAmt>
        <EOYAmt>2569889</EOYAmt>
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      <AccountsPayableAccrExpnssGrp>
        <BOYAmt>9527</BOYAmt>
        <EOYAmt>5569</EOYAmt>
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      <DeferredRevenueGrp>
        <BOYAmt>278987</BOYAmt>
        <EOYAmt>285271</EOYAmt>
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      <MortgNotesPyblScrdInvstPropGrp>
        <BOYAmt>411234</BOYAmt>
        <EOYAmt>395900</EOYAmt>
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      <OtherLiabilitiesGrp>
        <BOYAmt>67176</BOYAmt>
        <EOYAmt>19739</EOYAmt>
      </OtherLiabilitiesGrp>
      <TotalLiabilitiesGrp>
        <BOYAmt>766924</BOYAmt>
        <EOYAmt>706479</EOYAmt>
      </TotalLiabilitiesGrp>
      <OrganizationFollowsSFAS117Ind>X</OrganizationFollowsSFAS117Ind>
      <UnrestrictedNetAssetsGrp>
        <BOYAmt>1540666</BOYAmt>
        <EOYAmt>1448611</EOYAmt>
      </UnrestrictedNetAssetsGrp>
      <TemporarilyRstrNetAssetsGrp>
        <BOYAmt>240380</BOYAmt>
        <EOYAmt>263881</EOYAmt>
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      <PermanentlyRstrNetAssetsGrp>
        <BOYAmt>150918</BOYAmt>
        <EOYAmt>150918</EOYAmt>
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      <TotalNetAssetsFundBalanceGrp>
        <BOYAmt>1931964</BOYAmt>
        <EOYAmt>1863410</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
        <BOYAmt>2698888</BOYAmt>
        <EOYAmt>2569889</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>-40444</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>-28111</NetUnrlzdGainsLossesInvstAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
    </IRS990>
    <IRS990ScheduleA documentId="00000002" softwareId="14000261">
      <SchoolInd>X</SchoolInd>
      <PublicSupportTotal170Amt>0</PublicSupportTotal170Amt>
      <GrossInvestmentIncome170Grp>
        <TotalAmt>0</TotalAmt>
      </GrossInvestmentIncome170Grp>
      <PublicSupportCY170Pct>0</PublicSupportCY170Pct>
      <PublicSupportTotal509Amt>0</PublicSupportTotal509Amt>
      <PublicSupportCY509Pct>0</PublicSupportCY509Pct>
      <InvestmentIncomeCYPct>0</InvestmentIncomeCYPct>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="00000003">
      <ContributorInformationGrp>
        <ContributorNum>RESTRICTED</ContributorNum>
        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorBusinessName>
        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorUSAddress>
        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
      </ContributorInformationGrp>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="00000004" softwareId="14000261">
      <HistoricLandAreaInd>X</HistoricLandAreaInd>
      <TotalEasementsCnt>1</TotalEasementsCnt>
      <ModifiedEasementsCnt>0</ModifiedEasementsCnt>
      <StatesEasementsHeldCnt>1</StatesEasementsHeldCnt>
      <WrittenPolicyMonitoringInd>false</WrittenPolicyMonitoringInd>
      <StaffHoursSpentEnforcementCnt>0</StaffHoursSpentEnforcementCnt>
      <Section170hRqrStsfdInd>true</Section170hRqrStsfdInd>
      <CYEndwmtFundGrp>
        <BeginningYearBalanceAmt>150918</BeginningYearBalanceAmt>
        <EndYearBalanceAmt>150918</EndYearBalanceAmt>
      </CYEndwmtFundGrp>
      <CYMinus1YrEndwmtFundGrp>
        <ContributionsAmt>150918</ContributionsAmt>
        <EndYearBalanceAmt>150918</EndYearBalanceAmt>
      </CYMinus1YrEndwmtFundGrp>
      <EndowmentsHeldUnrelatedOrgInd>false</EndowmentsHeldUnrelatedOrgInd>
      <EndowmentsHeldRelatedOrgInd>false</EndowmentsHeldRelatedOrgInd>
      <LandGrp>
        <InvestmentCostOrOtherBasisAmt>115917</InvestmentCostOrOtherBasisAmt>
        <BookValueAmt>115917</BookValueAmt>
      </LandGrp>
      <BuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>2008213</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>784212</DepreciationAmt>
        <BookValueAmt>1224001</BookValueAmt>
      </BuildingsGrp>
      <EquipmentGrp>
        <InvestmentCostOrOtherBasisAmt>200328</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>165298</DepreciationAmt>
        <BookValueAmt>35030</BookValueAmt>
      </EquipmentGrp>
      <OtherLandBuildingsGrp>
        <InvestmentCostOrOtherBasisAmt>522107</InvestmentCostOrOtherBasisAmt>
        <DepreciationAmt>445533</DepreciationAmt>
        <BookValueAmt>76574</BookValueAmt>
      </OtherLandBuildingsGrp>
      <TotalBookValueLandBuildingsAmt>1451522</TotalBookValueLandBuildingsAmt>
      <OtherLiabilitiesOrgGrp>
        <Desc>OTHER</Desc>
        <Amt>2199</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>CAPITAL LEASE OBLIGATION</Desc>
        <Amt>2699</Amt>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>LINE OF CREDIT</Desc>
      </OtherLiabilitiesOrgGrp>
      <OtherLiabilitiesOrgGrp>
        <Desc>LOAN PAYABLE</Desc>
        <Amt>14841</Amt>
      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>19739</TotalLiabilityAmt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt II, Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>THE VALUE OF THE LAND IS IN LAND VALUE ON BALANCE SHEET. THERE SHOULD BE NO REVENUE OR EXPENSE.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="00000005" softwareId="14000261">
      <NondiscriminatoryPolicyStmtInd>true</NondiscriminatoryPolicyStmtInd>
      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</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>false</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Line 3</FormAndLineReferenceDesc>
        <ExplanationTxt>WEBSITE STATES "CHESAPEAKE ACADEMY DOES NOT DISCRIMINATE IN ADMISSION OR FINANCIAL ASSISTANCE ON THE BASIS OF RACE, GENDER, PHYSICAL CHALLENGES, RELIGIOUS AFFILIATION, ETHNIC BACKGROUND OR COUNTRY OF ORIGIN." EXPLANATION IS INCLUDED IN LINE 3</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="00000006">
      <FundraisingEventInformationGrp>
        <Event1Nm>ANNUAL AUCTION</Event1Nm>
        <GrossReceiptsEvent1Amt>183651</GrossReceiptsEvent1Amt>
        <GrossRevenueEvent1Amt>183651</GrossRevenueEvent1Amt>
        <OtherDirectExpensesEvent1Amt>61292</OtherDirectExpensesEvent1Amt>
        <Event2Nm>OYSTER ROAST</Event2Nm>
        <GrossReceiptsEvent2Amt>43955</GrossReceiptsEvent2Amt>
        <GrossRevenueEvent2Amt>43955</GrossRevenueEvent2Amt>
        <OtherDirectExpensesEvent2Amt>10427</OtherDirectExpensesEvent2Amt>
        <OtherEventsTotalCnt>3</OtherEventsTotalCnt>
        <GrossReceiptsOtherEventsAmt>20158</GrossReceiptsOtherEventsAmt>
        <GrossRevenueOtherEventsAmt>20158</GrossRevenueOtherEventsAmt>
        <OthDirectExpnssOtherEventsAmt>23570</OthDirectExpnssOtherEventsAmt>
        <GrossReceiptsTotalAmt>247764</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>247764</GrossRevenueTotalEventsAmt>
        <OthDirectExpnssTotalEventsAmt>95289</OthDirectExpnssTotalEventsAmt>
        <DirectExpenseSummaryEventsAmt>95289</DirectExpenseSummaryEventsAmt>
        <NetIncomeSummaryAmt>152475</NetIncomeSummaryAmt>
      </FundraisingEventInformationGrp>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="00000007" softwareId="14000261">
      <GrantRecordsMaintainedInd>false</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>FINANCIAL AID</GrantTypeTxt>
        <RecipientCnt>41</RecipientCnt>
        <CashGrantAmt>216365</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="00000008" softwareId="14000261">
      <BusTrInvolveInterestedPrsnGrp>
        <NameOfInterested>
          <BusinessName>
            <BusinessNameLine1Txt>CHESAPEAKE BANK</BusinessNameLine1Txt>
          </BusinessName>
        </NameOfInterested>
        <RelationshipDescriptionTxt>PRESIDENT OF BANK ON BOARD</RelationshipDescriptionTxt>
        <TransactionDesc>ACADEMY HAS BANK ACCT</TransactionDesc>
        <SharingOfRevenuesInd>false</SharingOfRevenuesInd>
      </BusTrInvolveInterestedPrsnGrp>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="00000009" softwareId="14000261">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 11b</FormAndLineReferenceDesc>
        <ExplanationTxt>Form 990 was approved by Bd members and mgmt prior to file</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 12c</FormAndLineReferenceDesc>
        <ExplanationTxt>Bd members required to file a conflict of interest stmt</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15a</FormAndLineReferenceDesc>
        <ExplanationTxt>Budget approved annually along with all salaries</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Pt VI, Line 15b</FormAndLineReferenceDesc>
        <ExplanationTxt>Salaries were approved.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part IX, Line 24f</FormAndLineReferenceDesc>
        <ExplanationTxt>DEVELOPMENT OFFICE 20619. 0. 0. 20619. TRASH REMOVAL 5908. 3439. 1660. 809. LIBRARY 238. 238. 0. 0. OTHER SUPPLIES 11879. 11879. 0. 0. POSTAGE 4651. 0. 2151. 2500. PRINTING 10415. 0. 3935. 6480. STUDENT SERVICES 1646. 1646. 0. 0. TEACHING SUPPLIES 5600. 5600. 0. 0. TESTING 1299. 1299. 0. 0. TEXTBOOKS 1489. 1489. 0. 0.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>