Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 94,058 | 102,388 | −8,330 | 11.7 | 46% |
| 2012 | 98,926 | 102,814 | −3,888 | 11.2 | 44% |
| 2013 | 80,194 | 112,251 | −32,057 | 6.8 | 43% |
| 2014 | 41,807 | 64,089 | −22,282 | 7.8 | — |
| 2015 | 62,248 | 50,258 | 11,990 | 12.8 | — |
| 2016 | 56,462 | 47,409 | 9,053 | 15.9 | 7% |
| 2017 | 62,104 | 58,620 | 3,484 | 13.6 | 22% |
| 2018 | 60,647 | 61,010 | −363 | 13.0 | 18% |
| 2019 | 47,790 | 37,478 | 10,312 | 24.4 | — |
| 2020 | 29,563 | 35,109 | −5,546 | 24.1 | — |
| 2021 | 14,150 | 15,727 | −1,577 | 52.7 | — |
| 2022 | 26,745 | 20,381 | 6,364 | 44.4 | — |
| 2023 | 16,693 | 21,734 | −5,041 | 38.9 | — |
In its most recent public year (2023), this organization spent $5,041 more than it brought in. Its reserves stood at about 38.9 months of spending, up from 11.7 in 2011.
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