Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 89,143 | 101,114 | −11,971 | 7.1 | — |
| 2012 | 112,999 | 107,841 | 5,158 | 7.3 | — |
| 2013 | 97,126 | 118,035 | −20,909 | 4.5 | — |
| 2014 | 82,378 | 149,507 | −67,129 | -1.8 | — |
| 2015 | 111,614 | 85,875 | 25,739 | 0.4 | — |
| 2016 | 97,058 | 96,995 | 63 | 0.4 | — |
| 2017 | 83,442 | 87,958 | −4,516 | -0.2 | — |
| 2018 | 87,713 | 85,844 | 1,869 | 0.0 | — |
| 2019 | 86,617 | 82,068 | 4,549 | 0.7 | — |
| 2020 | 144,245 | 94,215 | 50,030 | 7.9 | — |
| 2021 | 87,649 | 88,097 | −448 | 8.3 | — |
| 2022 | 85,140 | 84,502 | 638 | 8.8 | — |
In its most recent public year (2022), this organization brought in $638 more than it spent. Its reserves stood at about 8.8 months of spending, up from 7.1 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 2022. 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 2022. 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