Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2009 | 66,452 | 66,813 | −361 | 49.4 | — |
| 2010 | 62,361 | 62,327 | 34 | 53.0 | — |
| 2011 | 87,404 | 73,522 | 13,882 | 5.7 | 22% |
| 2012 | 79,216 | 86,109 | −6,893 | 1.4 | 20% |
| 2013 | 110,017 | 128,310 | −18,293 | -0.8 | 13% |
| 2015 | 85,921 | 89,375 | −3,454 | 0.1 | 21% |
| 2016 | 96,087 | 96,589 | −502 | 0.1 | 17% |
| 2017 | 95,610 | 94,313 | 1,297 | 0.2 | 37% |
| 2018 | 110,723 | 109,252 | 1,471 | 0.4 | 42% |
| 2019 | 106,857 | 102,916 | 3,941 | 0.9 | 43% |
| 2020 | 34,168 | 42,678 | −8,510 | -0.3 | 30% |
| 2021 | 62,084 | 61,563 | 521 | -0.1 | 29% |
| 2022 | 112,118 | 103,341 | 8,777 | 0.9 | 0% |
| 2023 | 117,410 | 105,226 | 12,184 | 2.3 | 35% |
In its most recent public year (2023), this organization brought in $12,184 more than it spent. Its reserves stood at about 2.3 months of spending, down from 49.4 in 2009. Staff pay was 35% 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