Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 147,534 | 142,265 | 5,269 | 31.8 | 0% |
| 2012 | 254,558 | 261,563 | −7,005 | 17.0 | 21% |
| 2013 | 160,539 | 157,212 | 3,327 | 28.5 | 34% |
| 2014 | 148,694 | 158,017 | −9,323 | 27.6 | 36% |
| 2015 | 133,894 | 157,208 | −23,314 | 26.0 | 35% |
| 2016 | 138,200 | 146,853 | −8,653 | 27.1 | 37% |
| 2017 | 124,950 | 147,863 | −22,913 | 25.1 | 37% |
| 2018 | 81,707 | 89,119 | −7,412 | 41.7 | 58% |
| 2019 | 86,000 | 111,482 | −25,482 | 34.4 | 42% |
| 2020 | 41,183 | 47,000 | −5,817 | 71.9 | 16% |
| 2021 | 27,014 | 55,647 | −28,633 | 62.1 | 0% |
| 2022 | 41,150 | 50,282 | −9,132 | 66.5 | 14% |
| 2023 | 43,278 | 56,425 | −13,147 | 56.5 | 0% |
| 2024 | 32,330 | 79,895 | −47,565 | 32.7 | 0% |
In its most recent public year (2024), this organization spent $47,565 more than it brought in. Its reserves stood at about 32.7 months of spending. Staff pay was 0% 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 2024. 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
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