Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 116,255 | 125,307 | −9,052 | 14.0 | 18% |
| 2012 | 46,025 | 54,176 | −8,151 | 30.5 | — |
| 2013 | 56,278 | 61,797 | −5,519 | 25.7 | — |
| 2014 | 79,863 | 48,999 | 30,864 | 39.9 | — |
| 2015 | 46,067 | 32,095 | 13,972 | 66.2 | — |
| 2016 | 53,957 | 36,293 | 17,664 | 61.6 | — |
| 2017 | 58,082 | 45,670 | 12,412 | 52.0 | — |
| 2018 | 38,098 | 28,790 | 9,308 | 88.2 | — |
| 2019 | 38,984 | 31,624 | 7,360 | 83.1 | — |
| 2020 | 30,040 | 35,544 | −5,504 | 72.0 | — |
| 2021 | 43,776 | 42,151 | 1,625 | 61.2 | — |
| 2022 | 50,301 | 54,987 | −4,686 | 45.9 | — |
| 2023 | 116,431 | 114,892 | 1,539 | 26.7 | — |
In its most recent public year (2023), this organization brought in $1,539 more than it spent. Its reserves stood at about 26.7 months of spending, up from 14 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