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        <Explanation>AFFILIATE NAME: BETHESDA CHEVY CHASE HIGH SCHOOL. AFFILIATE ADDRESS: 4301 EAST WEST HIGHWAY BETHESDA, MD 20814. PURPOSE OF PAYMENT: EDUCATIONAL SUMMER ACADEMY. AMOUNT OF PAYMENT: 14,425.</Explanation>
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        <ReturnReference>FORM 990-EZ, PART II, LINE 24</ReturnReference>
        <Explanation>DESCRIPTION: PLEDGES RECEIVABLE. BEG. OF YEAR AMOUNT: 500. END OF YEAR AMOUNT: 37,000. DESCRIPTION: PREPAID EXPENSES AND DEFERRED CHARGES. BEG. OF YEAR AMOUNT: 600. END OF YEAR AMOUNT: 0.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>OTHER LIABILITIES</Identifier>
        <ReturnReference>FORM 990-EZ, PART II, LINE 26</ReturnReference>
        <Explanation>DESCRIPTION: ACCOUNTS PAYABLE AND ACCRUED EXPENSES. BEG. OF YEAR AMOUNT: 3,000. END OF YEAR AMOUNT: 0. DESCRIPTION: GRANTS PAYABLE. BEG. OF YEAR AMOUNT: 84,411. END OF YEAR AMOUNT: 54,129.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <TransferPrsnlBnftContractsDecl documentId="RetDoc10046300000">
      <Declaration>THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT.</Declaration>
    </TransferPrsnlBnftContractsDecl>
  </ReturnData>
</Return>