Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 33,544 | 37,306 | −3,762 | 53.5 | — |
| 2013 | 53,920 | 36,070 | 17,850 | 61.3 | — |
| 2014 | 68,253 | 39,615 | 28,638 | 64.5 | — |
| 2015 | 56,945 | 35,894 | 21,051 | 78.2 | — |
| 2016 | 38,559 | 26,260 | 12,299 | 112.5 | — |
| 2017 | 65,661 | 33,133 | 32,528 | 101.0 | — |
| 2018 | 34,594 | 34,091 | 503 | 98.3 | — |
| 2019 | 44,180 | 46,801 | −2,621 | 70.9 | — |
| 2020 | 16,649 | 29,202 | −12,553 | 108.5 | — |
| 2021 | 23,300 | 24,040 | −740 | 131.5 | — |
| 2022 | 15,569 | 24,177 | −8,608 | 126.5 | — |
| 2023 | 23,001 | 31,682 | −8,681 | 93.2 | — |
In its most recent public year (2023), this organization spent $8,681 more than it brought in. Its reserves stood at about 93.2 months of spending, up from 53.5 in 2012.
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