Joseph A Schumacher Foreign War Veterans Assn Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2019 | 56,604 | 70,975 | −14,371 | 39.1 | 0% |
| 2020 | 42,343 | 44,648 | −2,305 | 61.6 | 0% |
| 2021 | 83,337 | 83,620 | −283 | 32.9 | 29% |
| 2022 | 84,463 | 96,877 | −12,414 | 26.8 | 32% |
In its most recent public year (2022), this organization spent $12,414 more than it brought in. Its reserves stood at about 26.8 months of spending, down from 39.1 in 2019. Staff pay was 32% of spending.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2022. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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