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        <FormAndLineReferenceDesc>PART I, LINE 2:</FormAndLineReferenceDesc>
        <ExplanationTxt>THE NEW JERSEY PUBLIC CHARTER SCHOOLS ACTION FUND MONITORS THE USE OF GRANT FUNDS THROUGH A COMBINATION OF GRANT AGREEMENTS, REPORTING REQUIREMENTS AND INTERNAL CONTROLS. THE PRESIDENT AND THE CONTROLLER REVIEW THE GRANT TERMS TO IDENTIFY THE SPECIFIC PURPOSE AND RESTRICTIONS FOR THE FUNDS. GRANT EXPENDITURES ARE APPROVED BY THE PRESIDENT TO ENSURE COMPLETENESS AND ACCURACY AND THAT THEY FALL WITHIN THE GUIDELINES DETAILED IN THE GRANT AGREEMENT. ADDITIONALLY, INTERNAL FINANCIAL PROCEDURES AND MONTHLY FINANCIAL STATEMENTS ENABLE MANAGEMENT TO ENSURE COMPLIANCE AND ACCOUNTABILITY.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleI>
    <IRS990ScheduleO documentId="RetDoc1044400001">
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 11B</FormAndLineReferenceDesc>
        <ExplanationTxt>THE PRESIDENT REVIEWED A DRAFT OF THE FORM 990 AND PROVIDED EDITS TO THE TAX PREPARER. AFTER THIS PROCESS WAS PERFORMED, THE FORM 990 WAS SENT TO THE FULL BOARD OF DIRECTORS PRIOR TO BEING FILED WITH THE IRS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART VI, SECTION B, LINE 12C</FormAndLineReferenceDesc>
        <ExplanationTxt>THE ORGANIZATION HAS A "BOARD APPROVED" CONFLICTS OF INTEREST POLICY. EACH BOARD MEMBER MUST FILL OUT AN ANNUAL DECLARATION STATING THEY HAD NO CONFLICTS OR INDENTIFYING THE NATURE OF THEIR INTERESTED PARTY TRANSACTIONS.</ExplanationTxt>
      </SupplementalInformationDetail>
      <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 WRITTEN REQUEST.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>FORM 990, PART IX, LINE 11G</FormAndLineReferenceDesc>
        <ExplanationTxt>OTHER CONSULTING &amp; PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 151,930. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 151,930.</ExplanationTxt>
      </SupplementalInformationDetail>
    </IRS990ScheduleO>
  </ReturnData>
</Return>