The Garand Collectors Association Inc

“Management duties are provided under a service agreement with attache international llc (ai-llc). Under the terms of the agreement, ai-llc provides overall administrative management for garand collectors association (gca), including execution and oversight of financial and exempt operations. The president and sole owner of ai-llc serves as gca's managing executive. Ai-llc was compensated $163,263 for services providing during the fiscal year ended august 31, 2025.”

“Membership in the corporation shall be open to adults of good character, without regard to race, religion or national origin, upon written application, acceptance of the code of conduct printed on the application, and payment of annual dues. All regular memberships shall extend 12 months from the date the membership application or renewal form is processed. The corporation may from time to time offer life or multi-year memberships.”

“Directors are elected by and from the membership for a term of four years.”

“The organization has no committees with authority to act on behalf of the governing body.”

“Form 990 is provided to the managing executive, president, and treasurer for review. The return is also made available to the board of directors for review prior to filing.”

“Board members are expected to exercise their authority for the sole benefit of the corporation. Any use of a board member's position to benefit himself or herself, or his or her family or business interests is inappropriate. Full disclosure should be made of any occurrences of potential conflict, financial or otherwise. Board members are required to timely disclose any actual or potential conflicts to allow the board to properly consider the fullest range of options.”

“The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.”

“The financial statements of the association have been prepared on the modified cash basis of accounting, which is a comprehensive basis of accounting other than accounting principles generally accepted in the united states of america. Revenues are recognized when received rather than when earned, and non-inventory expenses are recognized when cash is disbursed rather than when the obligation is incurred. Investments are recorded as an asset, and gains and losses related to the investments are recorded in the statement of receipts, expenditures, and change in net assets - modified cash basis. Inventories are recorded at the lower of cost or market on the statement of assets and net assets - modified cash basis. Garand family artifacts are recorded at cost on the statement of assets and net assets - modified cash basis. Noncash transactions are not recognized in the financial statements.”