Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 620,171 | 614,198 | 5,973 | 6.0 | 39% |
| 2012 | 655,883 | 616,035 | 39,848 | 6.8 | 36% |
| 2013 | 644,277 | 562,055 | 82,222 | 9.2 | 33% |
| 2014 | 612,944 | 570,006 | 42,938 | 10.0 | 33% |
| 2015 | 690,669 | 654,218 | 36,451 | 9.3 | 34% |
| 2016 | 659,092 | 723,837 | −64,745 | 7.4 | 33% |
| 2017 | 776,396 | 794,399 | −18,003 | 6.4 | 33% |
| 2018 | 840,286 | 793,654 | 46,632 | 7.2 | 35% |
| 2019 | 790,298 | 744,974 | 45,324 | 8.4 | 29% |
| 2020 | 437,403 | 395,282 | 42,121 | 17.0 | 28% |
| 2022 | 443,589 | 405,049 | 38,540 | 19.5 | 35% |
| 2023 | 659,774 | 467,128 | 192,646 | 13.3 | 41% |
In its most recent public year (2023), this organization brought in $192,646 more than it spent. Its reserves stood at about 13.3 months of spending, up from 6 in 2011. Staff pay was 41% 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 2023. 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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