Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 79,225 | 76,265 | 2,960 | 47.5 | — |
| 2012 | 66,750 | 72,529 | −5,779 | 49.0 | — |
| 2013 | 98,886 | 95,560 | 3,326 | 37.6 | 31% |
| 2014 | 105,378 | 109,769 | −4,391 | 32.3 | 24% |
| 2015 | 111,428 | 111,428 | 0 | 31.8 | 24% |
| 2016 | 97,967 | 90,378 | 7,589 | 40.2 | 10% |
| 2017 | 121,701 | 120,757 | 944 | 30.2 | 0% |
| 2018 | 141,811 | 132,385 | 9,426 | 28.4 | 0% |
| 2019 | 139,317 | 135,469 | 3,848 | 28.1 | 0% |
| 2020 | 144,672 | 132,246 | 12,426 | 29.9 | 0% |
| 2021 | 72,172 | 71,279 | 893 | 55.6 | 0% |
| 2022 | 144,936 | 108,080 | 36,856 | 26.9 | 0% |
| 2023 | 476,197 | 425,159 | 51,038 | 8.3 | 0% |
| 2024 | 116,492 | 132,803 | −16,311 | 25.0 | 0% |
In its most recent public year (2024), this organization spent $16,311 more than it brought in. Its reserves stood at about 25 months of spending, down from 47.5 in 2011. 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 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
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