Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,664 | 60,902 | −11,238 | 41.3 | 0% |
| 2012 | 53,544 | 51,432 | 2,112 | 49.3 | 0% |
| 2013 | 33,427 | 33,214 | 213 | 74.0 | — |
| 2014 | 51,952 | 47,169 | 4,783 | 13.9 | — |
| 2015 | 54,173 | 52,827 | 1,346 | 12.7 | — |
| 2016 | 51,897 | 48,879 | 3,018 | 14.5 | — |
| 2017 | 51,730 | 43,615 | 8,115 | 18.5 | — |
| 2018 | 43,166 | 44,212 | −1,046 | 18.0 | — |
| 2019 | 42,756 | 46,360 | −3,604 | 16.2 | — |
| 2020 | 35,244 | 34,294 | 950 | 21.9 | — |
| 2021 | 30,161 | 40,887 | −10,726 | 15.5 | — |
| 2022 | 7,625 | 39,623 | −31,998 | 6.3 | — |
In its most recent public year (2022), this organization spent $31,998 more than it brought in. Its reserves stood at about 6.3 months of spending, down from 41.3 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 2022. 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 2022. 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