Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 69,819 | 78,870 | −9,051 | 3.6 | 42% |
| 2013 | 79,905 | 77,472 | 2,433 | 3.8 | 35% |
| 2014 | 65,993 | 64,489 | 1,504 | 4.3 | 34% |
| 2015 | 77,110 | 62,819 | 14,291 | 4.6 | 43% |
| 2016 | 101,637 | 82,079 | 19,558 | 3.5 | 41% |
| 2017 | 80,952 | 87,302 | −6,350 | 3.1 | 36% |
| 2018 | 56,671 | 62,547 | −5,876 | 3.4 | 46% |
| 2019 | 54,909 | 64,689 | −9,780 | 1.5 | 46% |
| 2020 | 87,835 | 87,259 | 576 | 2.0 | 29% |
| 2021 | 128,907 | 79,299 | 49,608 | 9.7 | 41% |
| 2022 | 186,019 | 136,771 | 49,248 | 9.9 | 0% |
| 2023 | 70,883 | 90,079 | −19,196 | 12.5 | 9% |
In its most recent public year (2023), this organization spent $19,196 more than it brought in. Its reserves stood at about 12.5 months of spending, up from 3.6 in 2012. Staff pay was 9% 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