Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 165,387 | 136,318 | 29,069 | 13.7 | — |
| 2012 | 227,389 | 138,537 | 88,852 | 21.1 | 24% |
| 2013 | 167,647 | 158,021 | 9,626 | 19.3 | 22% |
| 2014 | 140,754 | 140,854 | −100 | 21.6 | 24% |
| 2015 | 208,462 | 148,460 | 60,002 | 25.3 | 27% |
| 2016 | 169,808 | 158,314 | 11,494 | 24.6 | 28% |
| 2017 | 210,480 | 152,217 | 58,263 | 30.2 | 30% |
| 2018 | 119,871 | 116,074 | 3,797 | 40.0 | 32% |
| 2019 | 148,961 | 108,233 | 40,728 | 47.4 | 34% |
| 2020 | 93,288 | 35,415 | 57,873 | 164.6 | 0% |
| 2021 | 77,755 | 44,337 | 33,418 | 140.5 | 0% |
| 2022 | 110,719 | 98,046 | 12,673 | 65.1 | 26% |
| 2023 | 136,476 | 226,114 | −89,638 | 24.3 | — |
In its most recent public year (2023), this organization spent $89,638 more than it brought in. Its reserves stood at about 24.3 months of spending, up from 13.7 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 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
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