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      <LandBuildingsEquipmentBasis>2545015</LandBuildingsEquipmentBasis>
      <LandBldgEquipmentAccumDeprec>735208</LandBldgEquipmentAccumDeprec>
      <LandBuildingsEquipmentBasisNet>
        <BOY>1872131</BOY>
        <EOY>1809807</EOY>
      </LandBuildingsEquipmentBasisNet>
      <InvestmentsPubTradedSecurities>
        <BOY>1451</BOY>
        <EOY>1029</EOY>
      </InvestmentsPubTradedSecurities>
      <InvestmentsOtherSecurities>
        <BOY>127000</BOY>
        <EOY>147991</EOY>
      </InvestmentsOtherSecurities>
      <IntangibleAssets>
        <BOY>3809</BOY>
        <EOY>3495</EOY>
      </IntangibleAssets>
      <TotalAssets>
        <BOY>2296852</BOY>
        <EOY>2109491</EOY>
      </TotalAssets>
      <AccountsPayableAccruedExpenses>
        <BOY>51883</BOY>
        <EOY>58473</EOY>
      </AccountsPayableAccruedExpenses>
      <DeferredRevenue>
        <BOY>656258</BOY>
        <EOY>596892</EOY>
      </DeferredRevenue>
      <LoansFromOfficersDirectors>
        <BOY>75579</BOY>
        <EOY>87510</EOY>
      </LoansFromOfficersDirectors>
      <MortNotesPyblSecuredInvestProp>
        <BOY>540524</BOY>
        <EOY>515629</EOY>
      </MortNotesPyblSecuredInvestProp>
      <OtherLiabilities>
        <BOY>22200</BOY>
        <EOY>21634</EOY>
      </OtherLiabilities>
      <TotalLiabilities>
        <BOY>1346444</BOY>
        <EOY>1280138</EOY>
      </TotalLiabilities>
      <FollowSFAS117>X</FollowSFAS117>
      <UnrestrictedNetAssets>
        <BOY>528119</BOY>
        <EOY>386073</EOY>
      </UnrestrictedNetAssets>
      <TemporarilyRestrictedNetAssets>
        <BOY>295289</BOY>
        <EOY>295289</EOY>
      </TemporarilyRestrictedNetAssets>
      <PermanentlyRestrictedNetAssets>
        <BOY>127000</BOY>
        <EOY>147991</EOY>
      </PermanentlyRestrictedNetAssets>
      <TotalNetAssetsFundBalances>
        <BOY>950408</BOY>
        <EOY>829353</EOY>
      </TotalNetAssetsFundBalances>
      <TotalLiabNetAssetsFundBalances>
        <BOY>2296852</BOY>
        <EOY>2109491</EOY>
      </TotalLiabNetAssetsFundBalances>
      <InfoInScheduleOPartXI>X</InfoInScheduleOPartXI>
      <ReconcilationRevenueExpenses>-142046</ReconcilationRevenueExpenses>
      <ReconcilationOtherChanges>20991</ReconcilationOtherChanges>
      <MethodOfAccountingAccrual>X</MethodOfAccountingAccrual>
      <AccountantCompileOrReview>0</AccountantCompileOrReview>
      <FSAudited>0</FSAudited>
      <FederalGrantAuditRequired>0</FederalGrantAuditRequired>
    </IRS990>
    <IRS990ScheduleA documentId="RetDoc1039100001">
      <School170b1Aii>X</School170b1Aii>
    </IRS990ScheduleA>
    <IRS990ScheduleB documentId="RetDoc1234500001">
      <ContributorInfo>
        <ContributorNumber>RESTRICTED</ContributorNumber>
        <ContributorNameBusiness>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
        </ContributorNameBusiness>
        <ContributorAddressUS>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
        </ContributorAddressUS>
        <AggregateContributions>RESTRICTED</AggregateContributions>
      </ContributorInfo>
    </IRS990ScheduleB>
    <IRS990ScheduleD documentId="RetDoc1040000001">
      <CurrentYear>
        <BeginningOfYearBalance>127000</BeginningOfYearBalance>
        <InvestmentEarningsOrLosses>28832</InvestmentEarningsOrLosses>
        <GrantsOrScholarships>6428</GrantsOrScholarships>
        <AdministrativeExpenses>1413</AdministrativeExpenses>
        <EndOfYearBalance>147991</EndOfYearBalance>
      </CurrentYear>
      <PermanentEndowmentEOYBalance>1.00000</PermanentEndowmentEOYBalance>
      <EndowmentsHeldByUnrelatedOrgs>1</EndowmentsHeldByUnrelatedOrgs>
      <EndowmentsHeldByRelatedOrgs>0</EndowmentsHeldByRelatedOrgs>
      <LeaseholdImprovements>
        <OtherCostOrOtherBasis>2279217</OtherCostOrOtherBasis>
        <Depreciation>514256</Depreciation>
        <BookValue>1764961</BookValue>
      </LeaseholdImprovements>
      <Equipment>
        <OtherCostOrOtherBasis>265798</OtherCostOrOtherBasis>
        <Depreciation>220952</Depreciation>
        <BookValue>44846</BookValue>
      </Equipment>
      <TotalOfBookValueLandBuildings>1809807</TotalOfBookValueLandBuildings>
      <OtherSecurities>
        <Description>Rhode Island Foundation</Description>
        <BookValue>147991</BookValue>
        <MethodOfValuation>F</MethodOfValuation>
      </OtherSecurities>
      <TotalOfBookValueSecurities>147991</TotalOfBookValueSecurities>
      <OtherLiabilities>
        <Description>Custodial funds</Description>
        <Amount>21634</Amount>
      </OtherLiabilities>
      <TotalOfAmounts>21634</TotalOfAmounts>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="RetDoc1040400001">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>0</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>Explanation of Nondiscriminatory Policy Publication</Identifier>
        <ReturnReference>Schedule E, Part I, Line 3</ReturnReference>
        <Explanation>All of the Organization's promotional materials contains a statement of its racially nondiscrinatory policy towards students.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleG documentId="RetDoc1041300001">
      <EventsInformation>
        <NameOfEvent1>Fundraising Gala</NameOfEvent1>
        <GrossReceiptsEvent1>17566</GrossReceiptsEvent1>
        <GrossRevenueEvent1>17566</GrossRevenueEvent1>
        <RentFacilityCostsEvent1>4065</RentFacilityCostsEvent1>
        <NameOfEvent2>Flea Market</NameOfEvent2>
        <GrossReceiptsEvent2>9351</GrossReceiptsEvent2>
        <GrossRevenueEvent2>9351</GrossRevenueEvent2>
        <OtherDirectExpensesEvent2>2230</OtherDirectExpensesEvent2>
        <GrossReceiptsTotal>26917</GrossReceiptsTotal>
        <GrossRevenueTotalEvents>26917</GrossRevenueTotalEvents>
        <RentFacilityCostsTotalEvents>4065</RentFacilityCostsTotalEvents>
        <OtherDirectExpensesTotalEvents>2230</OtherDirectExpensesTotalEvents>
        <DirectExpenseSummaryEvents>6295</DirectExpenseSummaryEvents>
        <NetIncomeSummary>20622</NetIncomeSummary>
      </EventsInformation>
    </IRS990ScheduleG>
    <IRS990ScheduleI documentId="RetDoc1041900001">
      <RecordsMaintained>0</RecordsMaintained>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Scholarship grants</TypeOfGrant>
        <NumberOfRecipients>95</NumberOfRecipients>
        <AmountOfCashGrant>401600</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
    </IRS990ScheduleI>
    <IRS990ScheduleL documentId="RetDoc1042800001">
      <LoanTable>
        <NamePerson>Elsie Wright</NamePerson>
        <PurposeOfLoan>Working capital needs</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>83990</OriginalPrincipalAmount>
        <BalanceDue>83990</BalanceDue>
        <Default>0</Default>
        <ApprovedByBoard>0</ApprovedByBoard>
        <WrittenAgreement>0</WrittenAgreement>
      </LoanTable>
      <LoanTable>
        <NamePerson>John Wright</NamePerson>
        <PurposeOfLoan>Working capital needs</PurposeOfLoan>
        <LoanToOrganization>X</LoanToOrganization>
        <OriginalPrincipalAmount>3520</OriginalPrincipalAmount>
        <BalanceDue>3520</BalanceDue>
        <Default>0</Default>
        <ApprovedByBoard>0</ApprovedByBoard>
        <WrittenAgreement>0</WrittenAgreement>
      </LoanTable>
      <TotalBalanceDue>87510</TotalBalanceDue>
    </IRS990ScheduleL>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section A, line 7a</Identifier>
        <Explanation>The Board of Trustees is a self-perpetuating Board. Nominations are received by the Board Development Committee and the full board votes on new members. Annually in June, officer nominations are presented by the Board Development Committee and voted on by the entire Board of Trustees.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section A, line 8b</Identifier>
        <Explanation>Each Board committee holds informal meetings for which contemporaneous minutes are not maintained. However, committee reports are submitted at the beginning of each meeting of the Board of Trustees.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990, Part VI, Section B, line 11</Identifier>
        <Explanation>Form 990 is prepared and presented in draft form to the Head of School for review and is reviewed by the Board of Trustees prior to its ultimate filing.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section C, line 18</ReturnReference>
        <Explanation>The Organization's public documents are available for inspection at the Organization's business address during normal business hours. In addition, Form 990 is available on www.guidestar.org.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <ReturnReference>Form 990, Part VI, Section C, line 19</ReturnReference>
        <Explanation>The Organization's governing documents, conflict of interest policy and financial statements are available upon request at the Organization's business address during normal business hours.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Changes in Net Assets or Fund Balances:</Identifier>
        <ReturnReference>Form 990, Part XI, line 5:</ReturnReference>
        <Explanation>Net unrealized gains on investments: 20,991.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
  </ReturnData>
</Return>