Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,718 | 65,276 | −15,558 | 97.6 | 74% |
| 2012 | 128,467 | 164,572 | −36,105 | 36.1 | 0% |
| 2013 | 165,536 | 197,597 | −32,061 | 28.1 | 0% |
| 2014 | 188,715 | 204,043 | −15,328 | 26.3 | 16% |
| 2015 | 233,047 | 248,830 | −15,783 | 20.8 | 15% |
| 2016 | 164,254 | 137,068 | 27,186 | 40.2 | 29% |
| 2017 | 291,767 | 225,814 | 65,953 | 27.8 | 19% |
| 2018 | 200,109 | 223,456 | −23,347 | 26.9 | 21% |
| 2019 | 199,660 | 239,324 | −39,664 | 23.2 | 18% |
| 2020 | 134,344 | 100,813 | 33,531 | 59.1 | 38% |
| 2021 | 199,315 | 160,703 | 38,612 | 40.0 | 32% |
| 2022 | 217,480 | 201,329 | 16,151 | 32.9 | 38% |
| 2023 | 192,347 | 208,962 | −16,615 | 30.9 | 39% |
In its most recent public year (2023), this organization spent $16,615 more than it brought in. Its reserves stood at about 30.9 months of spending, down from 97.6 in 2011. Staff pay was 39% 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