Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 9,780 | 10,435 | −655 | 16.1 | — |
| 2017 | 10,644 | 11,038 | −394 | 14.8 | — |
| 2018 | 10,663 | 9,823 | 840 | 17.7 | — |
| 2019 | 12,025 | 14,112 | −2,087 | 10.5 | — |
| 2020 | 11,366 | 10,327 | 1,039 | 17.9 | — |
| 2021 | 9,505 | 12,108 | −2,603 | 10.7 | — |
In its most recent public year (2021), this organization spent $2,603 more than it brought in. Its reserves stood at about 10.7 months of spending, down from 16.1 in 2016.
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 2021. 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 2021. 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