Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 18,264 | 18,339 | −75 | 2.9 | — |
| 2013 | 19,380 | 22,058 | −2,678 | 0.9 | — |
| 2014 | 22,296 | 20,827 | 1,469 | 1.8 | — |
| 2015 | 20,330 | 20,132 | 198 | 2.0 | — |
| 2016 | 23,630 | 23,405 | 225 | 1.8 | — |
| 2017 | 21,367 | 20,522 | 845 | 2.6 | — |
| 2018 | 28,480 | 26,811 | 1,669 | 2.7 | — |
| 2019 | 35,251 | 22,703 | 12,548 | 9.9 | — |
| 2020 | 19,934 | 20,245 | −311 | 10.9 | — |
| 2021 | 22,111 | 21,184 | 927 | 10.9 | — |
| 2022 | 26,869 | 26,949 | −80 | 8.5 | — |
| 2023 | 30,691 | 35,733 | −5,042 | 4.8 | — |
In its most recent public year (2023), this organization spent $5,042 more than it brought in. Its reserves stood at about 4.8 months of spending, up from 2.9 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 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
Veterans Of Foreign Wars Dept Of Michigan's IRS filings as a feed — one entry per filing year, through 2023. 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