Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 81,313 | 90,243 | −8,930 | 32.8 | 50% |
| 2012 | 80,295 | 80,576 | −281 | 36.7 | 57% |
| 2013 | 71,266 | 79,247 | −7,981 | 36.1 | 54% |
| 2014 | 75,743 | 86,691 | −10,948 | 31.5 | 51% |
| 2015 | 94,430 | 87,302 | 7,128 | 32.3 | 50% |
| 2016 | 87,774 | 73,171 | 14,603 | 40.9 | 54% |
| 2017 | 77,546 | 76,276 | 1,270 | 39.4 | 53% |
| 2018 | 72,525 | 75,353 | −2,828 | 39.5 | 49% |
| 2019 | 74,674 | 73,149 | 1,525 | 40.9 | 50% |
| 2020 | 28,842 | 33,335 | −4,493 | 88.1 | 29% |
| 2021 | 38,594 | 21,660 | 16,934 | 145.0 | 4% |
| 2022 | 95,410 | 42,902 | 52,508 | 87.9 | 2% |
| 2023 | 118,619 | 51,459 | 67,160 | 88.9 | 0% |
In its most recent public year (2023), this organization brought in $67,160 more than it spent. Its reserves stood at about 88.9 months of spending, up from 32.8 in 2011. 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 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