Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 83,187 | 92,671 | −9,484 | 17.4 | 4% |
| 2012 | 63,481 | 72,657 | −9,176 | 20.6 | 5% |
| 2013 | 63,915 | 75,426 | −11,511 | 18.1 | 6% |
| 2014 | 66,893 | 67,925 | −1,032 | 19.9 | 4% |
| 2015 | 62,645 | 59,800 | 2,845 | 23.1 | 7% |
| 2016 | 60,332 | 72,020 | −11,688 | 17.3 | 4% |
| 2017 | 66,522 | 69,837 | −3,315 | 17.2 | 5% |
| 2018 | 65,425 | 67,732 | −2,307 | 17.4 | 5% |
| 2019 | 66,539 | 63,950 | 2,589 | 18.9 | 6% |
| 2020 | 34,972 | 33,754 | 1,218 | 36.2 | 4% |
| 2021 | 53,413 | 48,669 | 4,744 | 26.3 | 6% |
| 2022 | 35,216 | 55,357 | −20,141 | 18.7 | 4% |
| 2023 | 40,213 | 44,773 | −4,560 | 21.9 | 2% |
In its most recent public year (2023), this organization spent $4,560 more than it brought in. Its reserves stood at about 21.9 months of spending, up from 17.4 in 2011. Staff pay was 2% 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