Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 104,809 | 70,297 | 34,512 | 54.8 | 0% |
| 2012 | 30,918 | 31,719 | −801 | 121.3 | 0% |
| 2013 | 94,410 | 77,930 | 16,480 | 51.9 | — |
| 2014 | 90,829 | 77,283 | 13,546 | 54.4 | — |
| 2015 | 70,330 | 80,614 | −10,284 | 50.6 | — |
| 2016 | 18,560 | 48,181 | −29,621 | 80.6 | — |
| 2017 | 26,321 | 41,177 | −14,856 | 90.0 | — |
| 2018 | 21,744 | 49,180 | −27,436 | 66.0 | — |
| 2019 | 53,664 | 51,634 | 2,030 | 63.3 | — |
| 2020 | 35,245 | 43,956 | −8,711 | 72.0 | — |
| 2021 | 18,672 | 31,603 | −12,931 | 95.2 | — |
| 2022 | 38,152 | 43,938 | −5,786 | 66.9 | — |
| 2023 | 58,213 | 43,483 | 14,730 | 71.7 | — |
In its most recent public year (2023), this organization brought in $14,730 more than it spent. Its reserves stood at about 71.7 months of spending, up from 54.8 in 2011.
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