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        <FormAndLineReferenceDesc>PART X, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE SCHOOL HAS BEEN DETERMINED TO BE EXEMPT FROM FEDERAL INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC) AS EVIDENCED BY A LETTER OF DETERMINATION DATED DECEMBER 17, 2012. AS AN EXEMPT CORPORATION, THE ENTITY MUST OPERATE IN CONFORMITY WITH WITH THE IRC IN ORDER TO MAINTAIN THEIR TAX-EXEMPT STATUS. THE SCHOOL ACCOUNTS FOR THE EFFECT OF ANY UNCERTAIN TAX POSITIONS BASED ON A MORE LIKELY THAN NOT THRESHOLD TO THE RECOGNITION OF THE TAX POSITIONS BEING SUSTAINED BASED ON THE TECHNICAL MERITS OF THE POSITION UNDER EXAMINATION BY THE APPLICABLE TAXING AUTHORITY. IF A TAX POSITION OR POSITIONS ARE DEEMED TO RESULT IN UNCERTAINTIES OF THOSE POSITIONS, THE UNRECIGNIZED TAX BENEFIT IS ESTIMATED BASED ON A CUMULATIVE PROBABILITY ASSESSMENT THAT AGGREGATED THE EXTIMATED TAX LIABILITY FOR ALL UNCERTAIN TAX POSITIONS. TAX POSITIONS FOR THE SCHOOL INCLUDE, BUT ARE NOT LIMITED TO, THE TAX-EXEMPT STATUS AND DETERMINATION OF WHETHER INCOME IS SUBJECT TO UNRELATED BUSINESS INCOME TAX; HOWEVER, THE SCHOOL HAS DETERMINED THAT SUCH TAX POSITIONS DO NOT RESULT IN AN UNCERTAINTY REQUIRING RECOGNITION.</ExplanationTxt>
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      <PolicyStmtInBrochuresEtcInd>1</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>1</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>1</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>1</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>1</MaintainCpyOfBrochuresEtcInd>
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        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>NONDISCRIMINATORY POLICY INCLUDED IN ALL ADVERTISEMENTS ENROLLMENT MATERIALS, AND OUR CHARTER AS A PUBLIC SCHOOL.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>SCHEDULE E, PART I, LINE 6</FormAndLineReferenceDesc>
        <ExplanationTxt>ENTITY IS A CHARTER SCHOOL WHICH IS CONSIDERED PUBLIC RATHER THAN PRIVATE. ENTITY RECEIVED FEDERAL AWARDS FROM THE US DEPT OF EDUCATION AND US DEPT OF AGRICULTURE; STATE ASSISTANCE FROM THE TENNESSEE DEPT OF EDUCATION.</ExplanationTxt>
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        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE FORM 990 PRIOR TO FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>ANY INTERESTED PERSON IS REQUIRED TO REPORT A FINANCIAL INTEREST AND DISCLOSE MATERIAL FACTS TO THE BOARD OF DIRECTORS IN ANY PROPOSED TRANSACTION. THE INTERESTED PERSON IS NOT INVOLVED IN ANY DISCUSSION OR VOTE.</ExplanationTxt>
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      <SupplementalInformationDetail>
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        <ExplanationTxt>COMPENSATION FOR THE EXECUTIVE DIRECTOR IS REVIEWED AT LEAST ANNUALLY AND IS DETERMINED BY THE BOARD OF DIRECTORS AFTER DISCUSSION AND VOTE. THE BOARD OF DIRECTORS REVIEWS AND APPROVES THE ANNUAL BUDGET, WHICH INCLUDES A STAFFING PLAN INCLUDING COMPENSATION FOR ALL EMPLOYEES.</ExplanationTxt>
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        <ExplanationTxt>THESE DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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