Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,257 | 95,529 | −14,272 | 75.7 | 36% |
| 2012 | 80,343 | 93,764 | −13,421 | 75.4 | 26% |
| 2013 | 94,760 | 87,417 | 7,343 | 81.9 | 30% |
| 2014 | 96,529 | 96,269 | 260 | 74.4 | 27% |
| 2015 | 74,887 | 85,427 | −10,540 | 82.4 | 27% |
| 2016 | 76,328 | 84,357 | −8,029 | 82.3 | 28% |
| 2017 | 55,650 | 79,881 | −24,231 | 83.3 | 29% |
| 2018 | 80,432 | 77,218 | 3,214 | 86.6 | 27% |
| 2019 | 74,818 | 83,912 | −9,094 | 78.4 | 25% |
| 2020 | 24,089 | 56,171 | −32,082 | 110.3 | 13% |
| 2021 | 52,474 | 68,598 | −16,124 | 87.5 | 19% |
| 2022 | 72,295 | 97,956 | −25,661 | 58.3 | 31% |
| 2023 | 75,376 | 98,222 | −22,846 | 55.3 | 23% |
In its most recent public year (2023), this organization spent $22,846 more than it brought in. Its reserves stood at about 55.3 months of spending, down from 75.7 in 2011. Staff pay was 23% 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