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        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ASSOCIATION IS A NONPROFIT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES ON RELATED INCOME. ISP IS A SINGLE-MEMBER INDIANA LIMITED LIABILITY COMPANY. ISA IS THE SINGLE MEMBER OF ISP AND ALL INTERESTS, SECURTIES, OBLIGATIONS, RIGHTS TO AQUIRE INTERESTS, OR OTHER SECURITY OF ISP IS THE SOLE PROPERTY OF ISA. FOR TAX REPORTING PURPOSED, ISP IS CONSIDERED A DISREGARD ENTITTY OF ISA, AND ITS ACTIVITIES ARE INCLUDED IN THE REPORTING INFORMATION OF ISA. THE ASSOCIATION HAS ADPOTED THE PROVISIONS OF THE ACCOUNTING PRONOUNCEMENT RELATED TO ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE ASSOCIATION RECOGNIZED NO INTEREST OR PENALITIES IN THE CONSOLIDATED STATEMENTS OF ACTIVITIES FOR BOTH OF THE EARS ENDED JULY 31, 2024 AND 2023. IF THE SITUATION AROSE IN WHICH THE ASSOCIATION WOULD HAVE INTEREST TO RECOGNIZE, IT WOULD RECOGNIZE THIS INTEREST EXPENSE AND PENALTIES WOULD BE RECOGNIZED INOTHER EXPENSES. CURRENTLY, THE PRIOR THREE YEARS ARE OPEN UNDER FEDERAL AND STATE STATUTES OF LIMITATIONS AND REMAIN SUBJECT TO REVIEW AND AND CHANGE. THE ASSOCIATION IS NOT CURRENTLY UNDER AUDIT NOR HAS THE ASSOCIATION BEEN CONTACTED BY THESE JURISDICTIONS. BASED ON THE EVALUATION OF THE ASSOCIATIONS TAX POSITIONS. MANAGMENT BELIEVES ALL POSITIONS TAKEN WOULD BE UPHELD UNDER AN EXAMINATION. THEREFORE, NO PROVISION FOR THE EFFECTS OF UNCERTAIN POSITIONS HAS BEEN RECORDED FOR EITHER OF THE YEARS ENDED JULY 31,2024 AND 2023.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>PRIOR TO FILING, A COPY OF FORM 990 IS PROVIDED TO THE BOARD. COMMENTS ABOUT THE FORM, IF ANY, FROM THE BOARD ARE INCORPORATED INTO THE FORM IF DEEMED NECESSARY.</ExplanationTxt>
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