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      <Form990PartVIISectionAGrp>
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        <ExplanationTxt>POLICY IS AVAILABLE ON LURIA ACADEMY'S WEBSITE, IN ALL MARKETING MATERIALS, AND IS INCLUDED IN THE HANDBOOK FOR PARENTS.</ExplanationTxt>
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        <ExplanationTxt>LURIA ACADEMY UTILIZES A THIRD-PARTY FOR FINANCIAL AID DETERMINATION WHERE PARENTS CREATE AN ACCOUNT AND SUBMIT FINANCIAL AND NON-FINANCIAL INFORMATION. THE THIRD-PARTY DETERMINES THE FINANCIAL ASSISTANCE AVAILABLE TO DISTRIBUTE AND IS PROVIDED TO A FINANCIAL ASSISTANCE COMMITTEE. THE COMMITTEE IS COMPRISED OF A PROFESSIONAL FROM LURIA ACADEMY AND TWO INDEPENDENT INDIVIDUALS. THE COMMITTEE THEN DETERMINES FINANCIAL ASSISTANCE THAT WILL BE AWARDED BASED ON THE INFORMATION AND COMMUNICATED TO THE PARENTS. THE PARENTS HAVE THE ABILIT TO APPEAL THE AWARD, WHICH IS COMMUNICATED TO THE COMMITTEE THROUGH THE HEAD OF SCHOOL AND ANY ADDITIONAL ASSISTANCE IS CONSIDERED.</ExplanationTxt>
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        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>false</WrittenProcToMonitorReqsInd>
      </TaxExemptBondsArbitrageGrp>
      <ProceduresCorrectiveActionGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <ProceduresCorrectiveActionInd>false</ProceduresCorrectiveActionInd>
      </ProceduresCorrectiveActionGrp>
    </IRS990ScheduleK>
    <IRS990ScheduleO documentId="RetDoc8">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>LURIA ACADEMY IS A CHILD-CENTERED ENVIRONMENT DEDICATED TO ACADEMIC EXCELLENCE AND A SOPHISTICATED KNOWLEDGE OF JEWISH TEXT AND JEWISH HERITAGE. LOCATED IN THE PROSPECT HEIGHTS NEIGHBORHOOD OF BROOKLY, LURIA ACADEMY IS A JEWISH MONTESSORI-BASED SCHOOK, SERVING CHILDREN AGES 2-14. LURIA ACADEMY IS A REMARKABLY DIVERSE COMMUNITY THAT MODELS LEARNING WITH AND FROM PEOPLE OF ALL BACKGROUNDS. BY TEACHING STUDENTS A UNIQUELY INTEGRATED JUDAIC-SECULAR CURRICULUM, LURIA ACADEMY OFFERS A WELL-ROUNDED EDUCATION OF THE HIGHEST STANDARDS. ABOVE ALL, LURIA ACADEMY FOSTERS JEWISH PRIDE, "AHAVAT YISRAEL", AND A DEEP SENSE OF COMPASSION AND COMMITMENT FOR ALL HUMANKIND, "AHAVAT OLAM".</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>MANAGEMENT REVIEWS A DRAFT OF THE 990 WITH THE FINANCE COMMITTEE. AFTER APPROVAL FROM THE FINANCE COMMITTEE, THE 990 IS BROUGHT TO THE FULL BOARD FOR FINAL APPROVAL BEFORE SUBMISSION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THERE IS A BOARD APPROVED CONFLICT OF INTEREST POLICY INCLUDED IN THE BOARD MANUAL. ON AN ANNUAL BASIS, ALL BOARD MEMBERS FILL OUT AND SIGN THE FORM STATING THERE ARE NO CONFLICTS OR DESCRIBES THE NATURE OF POSSIBLE CONFLICTS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>ON AN ANNUAL BASIS, THE BOARD OF TRUSTEES REVIEW THE PERFORMANCE OF THE HEAD OF SCHOOOL AND COMPARES COMPENSATION WITH COMPARABLE SALARIES OF OTHER LOCAL JEWISH DAY SCHOOLS TO DETERMINE REASONABLENESS AND RANGES WITHIN THE INDUSTRY. AFTER ANALYSIS, COMPENSATION IS VOTED ON BY THE BOARD.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15B</FormAndLineReferenceDesc>
        <ExplanationTxt>ON AN ANNUAL BASIS, MANAGEMENT AND THE BOARD WILL BENCHMARK COMPENSATION FOR OFFICERS AND/OR KEY EMPLOYEES AGAINST SIMILAR ORGANIZATIONS TO MAINTAIN COMPETITIVENESS AND EMPLOYEE RETENTION.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>DOCUMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>