Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 73,784 | 76,472 | −2,688 | 18.4 | — |
| 2012 | 71,197 | 72,521 | −1,324 | 3.4 | — |
| 2013 | 69,233 | 74,914 | −5,681 | 17.6 | — |
| 2014 | 67,828 | 65,136 | 2,692 | 20.8 | — |
| 2015 | 60,103 | 51,913 | 8,190 | 28.0 | — |
| 2016 | 47,096 | 41,936 | 5,160 | 36.1 | — |
| 2017 | 58,371 | 62,919 | −4,548 | 23.2 | — |
| 2018 | 58,698 | 85,937 | −27,239 | 13.2 | — |
| 2019 | 59,894 | 73,449 | −13,555 | 13.2 | — |
| 2020 | 53,849 | 53,863 | −14 | 0.1 | 12% |
| 2021 | 316,528 | 218,947 | 97,581 | 5.4 | 26% |
| 2022 | 155,989 | 186,025 | −30,036 | 6.0 | 41% |
| 2023 | 124,904 | 169,109 | −44,205 | 3.5 | 12% |
In its most recent public year (2023), this organization spent $44,205 more than it brought in. Its reserves stood at about 3.5 months of spending, down from 18.4 in 2011. Staff pay was 12% 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