Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 126,948 | 134,303 | −7,355 | 30.8 | — |
| 2012 | 99,550 | 114,790 | −15,240 | 34.4 | — |
| 2013 | 59,375 | 74,294 | −14,919 | 50.8 | — |
| 2014 | 63,720 | 78,330 | −14,610 | 45.9 | — |
| 2015 | 87,327 | 93,298 | −5,971 | 37.8 | — |
| 2016 | 78,136 | 88,928 | −10,792 | 38.2 | — |
| 2017 | 66,464 | 75,428 | −8,964 | 43.6 | — |
| 2018 | 59,174 | 62,350 | −3,176 | 52.2 | — |
| 2019 | 51,496 | 55,373 | −3,877 | 57.9 | — |
| 2020 | 38,532 | 38,452 | 80 | 83.4 | — |
| 2021 | 58,401 | 57,481 | 920 | 56.4 | — |
| 2022 | 56,778 | 60,024 | −3,246 | 53.4 | — |
| 2023 | 53,370 | 61,772 | −8,402 | 21.3 | — |
In its most recent public year (2023), this organization spent $8,402 more than it brought in. Its reserves stood at about 21.3 months of spending, down from 30.8 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
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