Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 68,614 | 72,553 | −3,939 | 14.3 | 17% |
| 2013 | 58,506 | 73,431 | −14,925 | 11.7 | 23% |
| 2014 | 62,790 | 75,129 | −12,339 | 9.5 | — |
| 2015 | 63,506 | 65,915 | −2,409 | 10.3 | — |
| 2016 | 54,113 | 72,284 | −18,171 | 8.5 | — |
| 2017 | 64,718 | 68,414 | −3,696 | 8.8 | — |
| 2018 | 63,871 | 69,522 | −5,651 | 7.8 | — |
| 2019 | 52,328 | 59,391 | −7,063 | 7.7 | — |
| 2020 | 36,348 | 43,628 | −7,280 | 10.4 | — |
| 2021 | 44,963 | 44,644 | 319 | 10.3 | — |
In its most recent public year (2021), this organization brought in $319 more than it spent. Its reserves stood at about 10.3 months of spending, down from 14.3 in 2012.
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 2021. 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
Veterans Of Foreign Wars Dept Of Michigan's IRS filings as a feed — one entry per filing year, through 2021. Add the address to any feed reader; in Slack, send /feed subscribe with it (pasting the link alone won't subscribe). How this feed works