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        <Desc>PAYROLL LIABILITIES:SIMPLE IRA PAYAB</Desc>
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        <Desc>CHASE PARENT ACCOUNT</Desc>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 3</FormAndLineReferenceDesc>
        <ExplanationTxt>ATLANTIC ACADEMY ADVERTISED ITS NONDISCRIMINATORY POLICY THROUGH THE CAMDEN HERALD OF COURIER PUBLICATIONS LLC IN CAMDEN, MAINE.</ExplanationTxt>
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        <FormAndLineReferenceDesc>SCHEDULE E, LINE 4</FormAndLineReferenceDesc>
        <ExplanationTxt>ATLANTIC ACADEMY IS A PRIVATE, SPECIAL PURPOSE SCHOOL LICENSED BY THE STATE OF MAINE TO ACCEPT STUDENTS WITH PROFOUND DISABILITIES FROM MAINE PUBLIC SCHOOLS. PUBLIC SCHOOLS AND MEDICAID (MAINECARE) COVER THE TUITION OF STUDENTS; THUS, NO SCHOLARSHIPS OR FINANCIAL ASSISTANCE IS NEEDED. OUR ANNOUNCEMENTS FOR ADMISSIONS AND PROGRAMS ARE PROVIDED TO ALL PUBLIC SCHOOL DISTRICTS.</ExplanationTxt>
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        <PersonNm>JED SCHWALM</PersonNm>
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        <LoanPurposeTxt>ASSISTANCE WITH ACADEMY EXPENSES</LoanPurposeTxt>
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        <FormAndLineReferenceDesc>FORM 990 - ORGANIZATION'S MISSION</FormAndLineReferenceDesc>
        <ExplanationTxt>SEEK TO ESTABLISH AN EDUCATIONAL ENVIRONMENT FOR STUDENTS WITH SPECIAL NEEDS THAT IS GUIDED BY A BELIEF THAT ALL STUDENTS HAVE THE CAPACITY TO SUCCEED AND BE PRODUCTIVE MEMBERS OF THEIR COMMUNITY, GIVEN CAREFUL SUPPORT, AND CONSISTENT IMPLEMENTATION OF POSITIVE, EVIDENCE-BASED PRACTICES.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE 990 IS REVIEWED BY THE BOARD BEFORE IT IS SUBMITTED FOR FILING.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY IS REVIEWED MONTHLY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 15A</FormAndLineReferenceDesc>
        <ExplanationTxt>COMPARABLE SALARIES WERE REVIEWED WITHIN THE REGION TO DETERMINE THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. COMPENSATION IS REVIEWED ANNUALLY.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PAGE 6, PART VI, LINE 19</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST.</ExplanationTxt>
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</Return>
