Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2016 | 57,280 | 100,503 | −43,223 | 16.6 | 0% |
| 2017 | 27,748 | 79,388 | −51,640 | 12.8 | 0% |
| 2018 | 79,973 | 68,387 | 11,586 | 10.9 | 0% |
| 2019 | 11,619 | 17,255 | −5,636 | 45.4 | 0% |
| 2020 | 11,188 | 17,460 | −6,272 | 40.5 | 0% |
| 2021 | 812 | 8,864 | −8,052 | 68.9 | 0% |
| 2022 | 708 | 11,861 | −11,153 | 40.2 | 0% |
| 2023 | 1,723 | 9,916 | −8,193 | 38.2 | 0% |
In its most recent public year (2023), this organization spent $8,193 more than it brought in. Its reserves stood at about 38.2 months of spending, up from 16.6 in 2016. Staff pay was 0% 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