Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 191,244 | 166,034 | 25,210 | 3.7 | 39% |
| 2012 | 198,651 | 152,138 | 46,513 | 7.7 | 45% |
| 2013 | 133,462 | 202,109 | −68,647 | 1.7 | 43% |
| 2014 | 295,156 | 262,487 | 32,669 | 2.8 | 41% |
| 2015 | 254,335 | 259,369 | −5,034 | 2.6 | 39% |
| 2016 | 201,486 | 190,786 | 10,700 | 4.2 | 46% |
| 2017 | 401,374 | 392,485 | 8,889 | 2.3 | 22% |
| 2018 | 410,647 | 449,374 | −38,727 | 1.0 | 19% |
| 2019 | 492,883 | 473,645 | 19,238 | 1.4 | 23% |
| 2020 | 427,125 | 410,135 | 16,990 | 2.2 | 17% |
| 2021 | 379,882 | 306,898 | 72,984 | 5.7 | 10% |
| 2022 | 711,234 | 618,615 | 92,619 | 4.6 | 18% |
| 2023 | 486,265 | 419,195 | 67,070 | 8.8 | 25% |
| 2024 | 631,440 | 594,202 | 37,238 | 7.0 | 18% |
In its most recent public year (2024), this organization brought in $37,238 more than it spent. Its reserves stood at about 7 months of spending, up from 3.7 in 2011. Staff pay was 18% 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 2024. 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
A new entry when its next filing is released. No account, no email; works in any feed reader, Slack, or automation tool. How following works