Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 58,042 | 60,133 | −2,091 | 64.6 | 45% |
| 2013 | 74,318 | 77,673 | −3,355 | 49.9 | 0% |
| 2014 | 74,077 | 57,157 | 16,920 | 68.9 | 0% |
| 2015 | 109,959 | 80,994 | 28,965 | 52.9 | 19% |
| 2016 | 108,062 | 99,293 | 8,769 | 44.2 | 17% |
| 2017 | 106,153 | 99,382 | 6,771 | 45.0 | 21% |
| 2018 | 110,247 | 108,059 | 2,188 | 41.6 | 20% |
| 2019 | 99,362 | 107,784 | −8,422 | 40.8 | 22% |
| 2020 | 85,516 | 81,666 | 3,850 | 54.4 | 24% |
| 2021 | 71,188 | 44,901 | 26,287 | 106.0 | 33% |
| 2022 | 114,333 | 90,571 | 23,762 | 55.7 | 29% |
| 2023 | 139,006 | 111,828 | 27,178 | 48.0 | 23% |
| 2024 | 67,939 | 107,212 | −39,273 | 45.7 | 25% |
In its most recent public year (2024), this organization spent $39,273 more than it brought in. Its reserves stood at about 45.7 months of spending, down from 64.6 in 2012. Staff pay was 25% 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
Veterans Of Foreign Wars Dept Of Michigan's IRS filings as a feed — one entry per filing year, through 2024. 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