Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2010 | 122,143 | 145,196 | −23,053 | 9.8 | 31% |
| 2011 | 141,443 | 140,233 | 1,210 | 10.2 | 32% |
| 2012 | 124,532 | 127,905 | −3,373 | 10.9 | 35% |
| 2013 | 129,678 | 132,491 | −2,813 | 10.3 | 33% |
| 2014 | 95,979 | 124,500 | −28,521 | 8.2 | 34% |
| 2015 | 102,118 | 122,966 | −20,848 | 7.5 | 32% |
| 2016 | 97,440 | 101,717 | −4,277 | 8.3 | 38% |
| 2017 | 96,385 | 106,021 | −9,636 | 6.6 | 40% |
| 2018 | 99,954 | 101,781 | −1,827 | 6.6 | 41% |
| 2019 | 101,859 | 100,459 | 1,400 | 6.9 | 41% |
| 2020 | 60,457 | 76,346 | −15,889 | 6.6 | 31% |
| 2021 | 125,857 | 113,851 | 12,006 | 5.7 | 30% |
| 2022 | 132,498 | 152,248 | −19,750 | 2.7 | 35% |
| 2023 | 211,635 | 197,253 | 14,382 | 2.9 | 25% |
In its most recent public year (2023), this organization brought in $14,382 more than it spent. Its reserves stood at about 2.9 months of spending, down from 9.8 in 2010. 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 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