The current knowledge acquisition technologies for information extraction are not up to the task because logic reasoning systems are extremely sensitive to errors in the acquired knowledge, and existing techniques lack the required accuracy by too large of a margin. Because of the enormous complexity of the problem, controlled natural languages (CNLs) were proposed in the past, but even they lack high enough accuracy. Instead of tackling the general problem of text understanding, our interest is in a related, but different, area of knowledge authoring—a technology designed to enable domain experts to manually create formalized knowledge using CNL. Our KALM system approach adopts and formalizes the FrameNet methodology for representing the meaning, enables incrementally-learnable and explainable semantic parsing, and harnesses rich knowledge graphs like BabelNet in the quest to obtain unique, disambiguated meaning of CNL sentences. Our experiments show that this approach is 95.6% accurate in standardizing the semantic relations extracted from CNL sentences—far superior to alternative systems.