Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2018 | 43,745 | 43,614 | 131 | 51.1 | — |
| 2019 | 45,195 | 34,674 | 10,521 | 67.9 | — |
| 2020 | 16,014 | 12,448 | 3,566 | 192.5 | — |
| 2021 | 58,230 | 52,767 | 5,463 | 46.6 | — |
| 2022 | 28,759 | 37,404 | −8,645 | 63.0 | — |
| 2023 | 13,908 | 11,544 | 2,364 | 206.6 | — |
| 2024 | 18,503 | 29,477 | −10,974 | 76.4 | — |
In its most recent public year (2024), this organization spent $10,974 more than it brought in. Its reserves stood at about 76.4 months of spending, up from 51.1 in 2018.
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 2024. 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 2024. 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