Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2015 | 35,070 | 39,097 | −4,027 | 142.1 | — |
| 2016 | 45,816 | 54,202 | −8,386 | 100.7 | — |
| 2017 | 42,864 | 44,463 | −1,599 | 122.3 | — |
| 2018 | 72,750 | 52,267 | 20,483 | 108.7 | — |
| 2019 | 59,380 | 48,619 | 10,761 | 119.6 | — |
| 2020 | 40,607 | 44,233 | −3,626 | 130.4 | — |
| 2021 | 27,386 | 39,876 | −12,490 | 140.9 | — |
| 2022 | 80,597 | 85,244 | −4,647 | 65.3 | — |
| 2023 | 115,708 | 104,965 | 10,743 | 54.2 | — |
| 2024 | 127,703 | 126,579 | 1,124 | 45.1 | — |
In its most recent public year (2024), this organization brought in $1,124 more than it spent. Its reserves stood at about 45.1 months of spending, down from 142.1 in 2015.
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 2024. 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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