This is the accessible text file for GAO report number GAO-05-509R 
entitled 'Federally Chartered Corporation: Financial Statement Audit 
Report for the Marine Corps League for Fiscal Years 2003 and 2002' 
which was released on June 10, 2005. 

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June 10, 2005: 

The Honorable F. James Sensenbrenner, Jr.
Committee on the Judiciary:
House of Representatives: 

Subject: Federally Chartered Corporation: Financial Statement Audit 
Report for the Marine Corps League for Fiscal Years 2003 and 2002: 

Dear Mr. Chairman: 

As requested, we read the audit report covering the financial 
statements of the Marine Corps League, a federally chartered 
corporation, for the fiscal years ended June 30, 2003, and 2002. The 
corporation's purpose is to promote interest and fellowship among all 
Marines and the survivors of deceased Marines. 

Federally chartered corporations are required under 36 U.S.C. 10101 

* present the corporation's assets and liabilities and reasonable 
detail on the corporation's income and expenses in annual financial 
statements and: 

* obtain an annual financial audit by an independent public accountant. 

Our objective was to advise you of any matters in the report regarding 
compliance with the financial reporting requirements of the law. In 
carrying out our work, we read the corporation's financial statements 
and the accompanying notes, performed certain analytical procedures 
related to information presented in the financial statements, and read 
the auditor's report. We did not identify any instance of noncompliance 
with the above financial reporting requirements of the law. 

We did not perform an audit or review the auditor's working papers, and 
we are not rendering an audit opinion. 

The audit report included the auditor's opinion that the financial 
statements of the corporation were presented fairly in accordance with 
United States generally accepted accounting principles. We are 
returning the audit report you sent with your letter. 

This letter is intended solely for your use and the use of the 
Committee on the Judiciary. 

Sincerely yours,

Signed by: 

Steven J. Sebastian:
Director, Financial Management and Assurance: 

w/o Enclosures: