Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 216,062 | 130,307 | 85,755 | 55.0 | 22% |
| 2013 | 80,166 | 114,779 | −34,613 | 58.8 | 21% |
| 2014 | 69,611 | 102,423 | −32,812 | 62.1 | 25% |
| 2015 | 53,513 | 75,290 | −21,777 | 81.0 | 17% |
| 2016 | 58,087 | 57,453 | 634 | 133.5 | 6% |
| 2017 | 48,702 | 42,776 | 5,926 | 180.9 | 0% |
| 2018 | 61,686 | 60,475 | 1,211 | 128.2 | 0% |
| 2019 | 64,859 | 48,632 | 16,227 | 158.8 | 0% |
| 2020 | 81,047 | 53,576 | 27,471 | 84.5 | 0% |
| 2021 | 93,365 | 41,621 | 51,744 | 116.6 | 0% |
| 2022 | 64,645 | 57,338 | 7,307 | 95.5 | 0% |
| 2023 | 72,228 | 88,210 | −15,982 | 59.8 | 0% |
In its most recent public year (2023), this organization spent $15,982 more than it brought in. Its reserves stood at about 59.8 months of spending, up from 55 in 2012. Staff pay was 0% 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