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        <Explanation>THE NONDISCRIMINATION POLICY IS MADE KNOWN THROUGH SCHOOL SPOKEPERSONS, BROCHURES, ADVERTISING, MEDIA AND DURING PUBLIC AND PRIVATE PRESENTATIONS OF SCHOOL FACILITIES AND PROGRAMS</Explanation>
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        <Explanation>SOTIRIOS A. KARAGEORGE. MARTHA C. KARAGEORGE, AND ALEXIS</Explanation>
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      <GeneralExplanation>
        <Explanation>KARAGEORGE SHARE A FAMILY RELATIONSHIP.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
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      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>NOT FILED SEPARATELY. THIS FORM 990 WILL BE REVIEWED BY THE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>BOARD AS PART OF THE ENTIRE FORM 1023.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 15</Identifier>
        <Explanation>THE RYAN ACADEMY APPROVES COMPENSATION ARRANGEMENTS BASED ON</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>INFORMATION ABOUT COMPENSATION PAID BY SIMILARLY SITUATED</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>TAXABLE OR TAX-EXEMPT ORGANIZATIONS FOR SIMILAR SERVICES,</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>CURRENT COMPENSTION SURVEYS COMPILED BY INDEPENDENT FIRMS,</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>OR ACTUAL WRITTEN OFFERS SIMILARLY SITUATED ORGANIZATIONS AS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>CIRCUMSTANCES DICTATE.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Pt VI, Line 19</Identifier>
        <Explanation>THE RYAN ACADEMY WILL CONSIDER SPECIFIC REQUESTS TO EXAMINE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>FINANCIAL STATEMENTS.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>SCHD L, PART II</Identifier>
        <Explanation>LOANS TO AND FROM INTERESTED PERSONS:</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>(A) NAME OF PERSON: SOTIRIOS A. KARAGEORGE</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>(B) PURPOSE OF LOAN: OPERATIONS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>FORM 990,PART x, LINE 27</Identifier>
        <Explanation>OTHER INCREASE IN NET ASSETS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>THERE WAS AN OTHER INCREASE IN NET ASSETS. (2) COMPUTERS</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Explanation>WERE FOUND AND PLACED ON THE BOOKS DURING 2010.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part IX, Line 24f</Identifier>
        <Explanation>BANK SERVICE FEES 221. 221. 0. 0. REGISTRATION FEES 950. 950. 0. 0. BOOKS, SUBSCRIPTIONS 200. 200. 0. 0. TEXTBOOKS 1967. 1967. 0. 0. TEXTBOOKS CONSUMABLE 1865. 1865. 0. 0. STAFF UNIFORMS 310. 310. 0. 0. OTHER EXPENSE 447. 447. 0. 0.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>