Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 49,912 | 54,734 | −4,822 | 93.7 | — |
| 2012 | 46,536 | 44,238 | 2,298 | 115.9 | — |
| 2013 | 45,338 | 46,538 | −1,200 | 10.9 | — |
| 2014 | 47,580 | 56,231 | −8,651 | 84.3 | — |
| 2015 | 30,627 | 47,016 | −16,389 | 4.7 | — |
| 2016 | 33,302 | 40,788 | −7,486 | 3.3 | — |
| 2017 | 31,136 | 41,372 | −10,236 | 0.2 | — |
| 2018 | 44,592 | 45,184 | −592 | 95.7 | — |
| 2019 | 43,302 | 46,264 | −2,962 | 93.4 | — |
| 2020 | 21,485 | 28,026 | −6,541 | 150.2 | — |
In its most recent public year (2020), this organization spent $6,541 more than it brought in. Its reserves stood at about 150.2 months of spending, up from 93.7 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 2020. 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 2020. 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