Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 1,069,652 | 226,141 | 843,511 | 54.4 | 19% |
| 2012 | 1,200,796 | 224,168 | 976,628 | 56.1 | 23% |
| 2013 | 1,101,070 | 241,446 | 859,624 | 0.0 | 24% |
| 2014 | 947,792 | 211,590 | 736,202 | 0.4 | 27% |
| 2015 | 828,706 | 176,940 | 651,766 | 0.3 | 26% |
| 2016 | 117,727 | 96,405 | 21,322 | -5.6 | 45% |
| 2017 | 112,288 | 104,663 | 7,625 | -4.2 | 39% |
| 2018 | 98,585 | 85,507 | 13,078 | -3.4 | 50% |
| 2019 | 104,532 | 86,763 | 17,769 | -0.9 | 52% |
| 2020 | 91,417 | 80,511 | 10,906 | 0.7 | 42% |
| 2021 | 76,099 | 39,307 | 36,792 | 12.7 | 3% |
| 2022 | 115,510 | 98,870 | 16,640 | 7.1 | 43% |
| 2023 | 121,904 | 110,879 | 11,025 | 7.5 | 42% |
In its most recent public year (2023), this organization brought in $11,025 more than it spent. Its reserves stood at about 7.5 months of spending, down from 54.4 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