Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 288,244 | 200,681 | 87,563 | 25.6 | 16% |
| 2012 | 150,511 | 160,007 | −9,496 | 31.4 | 22% |
| 2013 | 134,640 | 151,414 | −16,774 | 31.8 | 21% |
| 2014 | 42,219 | 151,680 | −109,461 | 31.2 | 22% |
| 2015 | 103,196 | 125,671 | −22,475 | 33.0 | 21% |
| 2016 | 128,700 | 131,118 | −2,418 | 31.4 | 18% |
| 2017 | 87,515 | 95,057 | −7,542 | 42.6 | 29% |
| 2018 | 92,612 | 101,736 | −9,124 | 40.0 | 0% |
| 2019 | 91,549 | 134,935 | −43,386 | 26.7 | 21% |
| 2020 | 59,128 | 63,054 | −3,926 | 56.5 | 24% |
| 2021 | 45,740 | 60,597 | −14,857 | 54.9 | 37% |
| 2022 | 92,878 | 75,849 | 17,029 | 45.8 | 38% |
| 2023 | 98,770 | 113,705 | −14,935 | 27.7 | 29% |
In its most recent public year (2023), this organization spent $14,935 more than it brought in. Its reserves stood at about 27.7 months of spending, up from 25.6 in 2011. Staff pay was 29% 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