Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 47,942 | 48,999 | −1,057 | 18.9 | — |
| 2012 | 46,011 | 44,907 | 1,104 | 20.9 | — |
| 2013 | 53,076 | 52,205 | 871 | 18.2 | — |
| 2014 | 45,449 | 51,162 | −5,713 | 17.2 | — |
| 2015 | 57,004 | 55,886 | 1,118 | 16.0 | — |
| 2016 | 383,337 | 174,591 | 208,746 | 18.6 | 22% |
| 2017 | 109,617 | 126,462 | −16,845 | 24.1 | — |
| 2018 | 101,939 | 125,395 | −23,456 | 22.1 | — |
| 2019 | 110,362 | 121,410 | −11,048 | 21.7 | — |
| 2020 | 68,728 | 78,182 | −9,454 | 32.2 | — |
| 2021 | 114,029 | 96,395 | 17,634 | 28.3 | — |
| 2022 | 127,535 | 122,008 | 5,527 | 22.9 | 47% |
| 2023 | 140,283 | 157,537 | −17,254 | 16.4 | 42% |
In its most recent public year (2023), this organization spent $17,254 more than it brought in. Its reserves stood at about 16.4 months of spending, down from 18.9 in 2011. Staff pay was 42% 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
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