Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 84,552 | 104,613 | −20,061 | 27.1 | 21% |
| 2012 | 68,694 | 66,549 | 2,145 | 45.3 | 37% |
| 2013 | 75,204 | 60,725 | 14,479 | 52.5 | 37% |
| 2014 | 75,119 | 82,345 | −7,226 | 37.7 | 28% |
| 2015 | 85,719 | 82,513 | 3,206 | 38.1 | 31% |
| 2016 | 78,560 | 77,738 | 822 | 40.5 | 39% |
| 2017 | 83,737 | 86,358 | −2,621 | 36.1 | 39% |
| 2018 | 93,077 | 29,489 | 63,588 | 131.7 | 52% |
| 2020 | 52,197 | 48,828 | 3,369 | 0.8 | — |
| 2021 | 123,057 | 72,600 | 50,457 | 8.9 | — |
| 2022 | 77,871 | 60,885 | 16,986 | 14.0 | — |
| 2023 | 150,221 | 164,381 | −14,160 | 0.0 | 7% |
In its most recent public year (2023), this organization spent $14,160 more than it brought in. Its reserves stood at about 0 months of spending, down from 27.1 in 2011. Staff pay was 7% 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