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        <EOYAmt>1282239</EOYAmt>
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        <EOYAmt>1498667</EOYAmt>
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      <OrganizationFollowsFASB117Ind>X</OrganizationFollowsFASB117Ind>
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        <BOYAmt>3503954</BOYAmt>
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        <BOYAmt>5061381</BOYAmt>
        <EOYAmt>5230182</EOYAmt>
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      <ReconcilationRevenueExpnssAmt>205684</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>21877</NetUnrlzdGainsLossesInvstAmt>
      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
        <SeparateBasisFinclStmtInd>X</SeparateBasisFinclStmtInd>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
      <FederalGrantAuditRequiredInd>false</FederalGrantAuditRequiredInd>
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        <ContributorBusinessName>
          <BusinessNameLine1>RESTRICTED</BusinessNameLine1>
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        <ContributorUSAddress>
          <AddressLine1>RESTRICTED</AddressLine1>
          <AddressLine2>RESTRICTED</AddressLine2>
          <City>RESTRICTED</City>
          <State>RESTRICTED</State>
          <ZIPCode>RESTRICTED</ZIPCode>
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        <TotalContributionsAmt>RESTRICTED</TotalContributionsAmt>
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      <InclEscrowCustodialAcctLiabInd>false</InclEscrowCustodialAcctLiabInd>
      <LandGrp>
        <OtherCostOrOtherBasisAmt>1000000</OtherCostOrOtherBasisAmt>
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      <BuildingsGrp>
        <OtherCostOrOtherBasisAmt>3345668</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>446432</DepreciationAmt>
        <BookValueAmt>2899236</BookValueAmt>
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      <LeaseholdImprovementsGrp>
        <OtherCostOrOtherBasisAmt>445966</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>137643</DepreciationAmt>
        <BookValueAmt>308323</BookValueAmt>
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      <EquipmentGrp>
        <OtherCostOrOtherBasisAmt>191033</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>191033</DepreciationAmt>
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      <OtherLandBuildingsGrp>
        <OtherCostOrOtherBasisAmt>173653</OtherCostOrOtherBasisAmt>
        <DepreciationAmt>173653</DepreciationAmt>
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      <TotalBookValueLandBuildingsAmt>3207559</TotalBookValueLandBuildingsAmt>
      <OtherSecuritiesGrp>
        <Desc>Financial derivatives and other financial products</Desc>
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      <OtherSecuritiesGrp>
        <Desc>Closely-held equity interests</Desc>
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      <OtherLiabilitiesOrgGrp>
        <Desc>Federal income taxes</Desc>
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      <NetUnrealizedGainsInvstAmt>21877</NetUnrealizedGainsInvstAmt>
      <OtherRevenueAmt>-181100</OtherRevenueAmt>
      <RevenueNotReportedAmt>-159223</RevenueNotReportedAmt>
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      <TotalRevenuePerForm990Amt>2685871</TotalRevenuePerForm990Amt>
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      <ExpensesSubtotalAmt>2299087</ExpensesSubtotalAmt>
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      <ExpensesNotRptFinclStmtAmt>181100</ExpensesNotRptFinclStmtAmt>
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        <FormAndLineReferenceDesc>XI 2D</FormAndLineReferenceDesc>
        <ExplanationTxt>Tuition assistance to students.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>XII 4B</FormAndLineReferenceDesc>
        <ExplanationTxt>Tuition assistance to students.</ExplanationTxt>
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      <PolicyStmtInBrochuresEtcInd>true</PolicyStmtInBrochuresEtcInd>
      <PlcyPblczdViaBroadcastMediaInd>true</PlcyPblczdViaBroadcastMediaInd>
      <MaintainRacialCompRecsInd>true</MaintainRacialCompRecsInd>
      <MaintainScholarshipsRecsInd>true</MaintainScholarshipsRecsInd>
      <MaintainCpyOfBrochuresEtcInd>true</MaintainCpyOfBrochuresEtcInd>
      <MaintainCpyOfAllSolInd>true</MaintainCpyOfAllSolInd>
      <DiscriminateRaceStdntsRghtsInd>false</DiscriminateRaceStdntsRghtsInd>
      <DiscriminateRaceAdmissPlcyInd>false</DiscriminateRaceAdmissPlcyInd>
      <DiscriminateRaceEmplmFcultyInd>false</DiscriminateRaceEmplmFcultyInd>
      <DiscriminateRaceSchsInd>false</DiscriminateRaceSchsInd>
      <DiscriminateRaceEducPlcyInd>false</DiscriminateRaceEducPlcyInd>
      <DiscriminateRaceUseOfFcltsInd>false</DiscriminateRaceUseOfFcltsInd>
      <DiscriminateRaceAthltProgInd>false</DiscriminateRaceAthltProgInd>
      <DiscriminateRaceOtherActyInd>false</DiscriminateRaceOtherActyInd>
      <GovernmentFinancialAidRcvdInd>true</GovernmentFinancialAidRcvdInd>
      <GovernmentFinancialAidRvkdInd>false</GovernmentFinancialAidRvkdInd>
      <ComplianceWithRevProc7550Ind>true</ComplianceWithRevProc7550Ind>
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        <FormAndLineReferenceDesc>6a</FormAndLineReferenceDesc>
        <ExplanationTxt>The School receives funding from the Commonwealth of Pennsylvania.</ExplanationTxt>
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      <MailSolicitationsInd>X</MailSolicitationsInd>
      <EmailSolicitationsInd>X</EmailSolicitationsInd>
      <InPersonSolicitationsInd>X</InPersonSolicitationsInd>
      <SolicitationOfNonGovtGrantsInd>X</SolicitationOfNonGovtGrantsInd>
      <SpecialFundraisingEventsInd>X</SpecialFundraisingEventsInd>
      <LicensedStatesCd>PA</LicensedStatesCd>
      <FundraisingEventInformationGrp>
        <Event1Nm>Auction</Event1Nm>
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        <GrossRevenueEvent1Amt>31738</GrossRevenueEvent1Amt>
        <GrossReceiptsTotalAmt>31738</GrossReceiptsTotalAmt>
        <GrossRevenueTotalEventsAmt>31738</GrossRevenueTotalEventsAmt>
        <NetIncomeSummaryAmt>31738</NetIncomeSummaryAmt>
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      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Tuition Assistance</GrantTypeTxt>
        <RecipientCnt>19</RecipientCnt>
        <CashGrantAmt>181100</CashGrantAmt>
        <ValuationMethodUsedDesc>FMV</ValuationMethodUsedDesc>
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        <FormAndLineReferenceDesc>Part III Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>Students who wish to qualify for financial aid are required to submit applications to the financial aid committee. Applications and other necessary documents are submitted to the school and student services organization, which analyzes the information and supplies a report on its results to the school. The report is used to determine subsequent financial aid. Financial aid is a reduction to collected tuition.</ExplanationTxt>
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      <WrittenEmploymentContractInd>X</WrittenEmploymentContractInd>
      <CompensationSurveyInd>X</CompensationSurveyInd>
      <BoardOrCommitteeApprovalInd>X</BoardOrCommitteeApprovalInd>
      <SeverancePaymentInd>false</SeverancePaymentInd>
      <SupplementalNonqualRtrPlanInd>false</SupplementalNonqualRtrPlanInd>
      <EquityBasedCompArrngmInd>false</EquityBasedCompArrngmInd>
      <CompBasedOnRevenueOfFlngOrgInd>false</CompBasedOnRevenueOfFlngOrgInd>
      <CompBsdOnRevRelatedOrgsInd>false</CompBsdOnRevRelatedOrgsInd>
      <CompBsdNetEarnsFlngOrgInd>false</CompBsdNetEarnsFlngOrgInd>
      <CompBsdNetEarnsRltdOrgsInd>false</CompBsdNetEarnsRltdOrgsInd>
      <AnyNonFixedPaymentsInd>false</AnyNonFixedPaymentsInd>
      <InitialContractExceptionInd>false</InitialContractExceptionInd>
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        <PersonNm>Jonathan Alden</PersonNm>
        <TitleTxt>Head of School</TitleTxt>
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        <BonusFilingOrganizationAmount>17037</BonusFilingOrganizationAmount>
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        <BondReferenceCd>A</BondReferenceCd>
        <IssuerName>
          <BusinessNameLine1Txt>Hatfield Township Industrial Development</BusinessNameLine1Txt>
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        <BondIssuedDt>2016-07-26</BondIssuedDt>
        <IssuePriceAmt>2850000</IssuePriceAmt>
        <PurposeDesc>Renovation</PurposeDesc>
        <DefeasedInd>false</DefeasedInd>
        <OnBehalfOfIssuerInd>false</OnBehalfOfIssuerInd>
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        <TotalProceedsAmt>2850000</TotalProceedsAmt>
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        <IssuanceCostsFromProceedsAmt>47172</IssuanceCostsFromProceedsAmt>
        <CapitalExpendituresAmt>2669509</CapitalExpendituresAmt>
        <UnspentAmt>138319</UnspentAmt>
        <RefundingTaxExemptBondsInd>false</RefundingTaxExemptBondsInd>
        <RefundingTaxableBondsInd>false</RefundingTaxableBondsInd>
        <FinalAllocationMadeInd>true</FinalAllocationMadeInd>
        <AdequateBooksAndRecMaintInd>true</AdequateBooksAndRecMaintInd>
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      <TaxExemptBondsPrivateBusUseGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <OwningBondFinancedPropertyInd>false</OwningBondFinancedPropertyInd>
        <AnyLeaseArrangementsInd>false</AnyLeaseArrangementsInd>
        <MgmtContractBondFincdPropInd>false</MgmtContractBondFincdPropInd>
        <AnyResearchAgreementsInd>false</AnyResearchAgreementsInd>
        <BondIssMeetPrvtSecPymtTestInd>false</BondIssMeetPrvtSecPymtTestInd>
        <ChangeInUseBondFinancedPropInd>false</ChangeInUseBondFinancedPropInd>
        <ProcsNonqualifiedBondRemdtdInd>false</ProcsNonqualifiedBondRemdtdInd>
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      <TaxExemptBondsArbitrageGrp>
        <BondReferenceCd>A</BondReferenceCd>
        <Form8038TFiledInd>false</Form8038TFiledInd>
        <RebateNotDueYetInd>true</RebateNotDueYetInd>
        <ExceptionToRebateInd>false</ExceptionToRebateInd>
        <NoRebateDueInd>false</NoRebateDueInd>
        <VariableRateIssueInd>false</VariableRateIssueInd>
        <HedgeIdentifiedInBksAndRecInd>false</HedgeIdentifiedInBksAndRecInd>
        <GrossProceedsInvestedInGICInd>false</GrossProceedsInvestedInGICInd>
        <GrossProceedsInvestedInd>false</GrossProceedsInvestedInd>
        <WrittenProcToMonitorReqsInd>false</WrittenProcToMonitorReqsInd>
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        <ProceduresCorrectiveActionInd>true</ProceduresCorrectiveActionInd>
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        <FormAndLineReferenceDesc>Part III</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization currently rents a residence however, the bond issue was not used for the residential property, nor does a formal lease agreement exist. The organization does not currently have any contracts which may need to be examined for safe harbor thresholds. Should it become necessary to engage in a contract which would require bond counsel to determine safe harbor thresholds, the organization would follow all expected procedures to be in compliance.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part III Line 9</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization exercises fiduciary prudence in monitoring its tax exempt bond uses. It is evaluating its policies to ensure all necessary procedures are documented as formal policy and will update its post issuance compliance policies as deemed necessary.</ExplanationTxt>
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        <FormAndLineReferenceDesc>Form 990, Part III, Section 4A, Line 1</FormAndLineReferenceDesc>
        <ExplanationTxt>The school educates young children using the authentic Montessori curriculum. The Montessori curriculum was developed by Dr. Maria Montessori through 40 years of scientific research with young children. The Montessori curriculum, methos, and philosophy is cited in current educational literarture and research as embodying key learning skills identified for success in the 21st century. All faculty members are credentialed Montessori teachers, which means they have had extensive post-graduate education in child development, Montessori curriculum and philosophy. Additionally, they have been awarded the appropriate Montessori credentials for the age groups in which they teach.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>The business manager performs an initial review. Upon her approval, the Form 990 is made available to the governing board via web site access. The Board is given a week for review and comments, after which the return is filed with the Internal Revenue Service.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>The Organizations Board Chair reviews the conflict of interest policy and any possible changes affecting its status every year. Board members and the Head of School sign a statement annually regarding their indendence. Family and business relationships are specifically mentioned in the conflict of interest policy as being of a nature for potential conflicts. The Board as a whole monitors the policy and any Board member or officer who may be involved with a conflict will abstain from any decisions regarding the conflict.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 15</FormAndLineReferenceDesc>
        <ExplanationTxt>The business manager for the school collects information on, Appropriate Comparable Data, at contract renewal time for the Head of School. Other independent schools with similar enrollment are surveyed to benchmark compensation and ensure it is within fair market range for the industry. The business manager presents her analysis to the Board Chair who then informs the Executive Committee of the findings. The Executive Committee sets compensation using the comparable data. Compensation discussions are undertaken in closed sessions. The Executive Committee then recommends compensation to the full Board.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section C, Line 19</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Section B, Line 13</FormAndLineReferenceDesc>
        <ExplanationTxt>The organization recognizes the need for a whistleblower policy and is in the process of implementing one.</ExplanationTxt>
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</Return>