Veterans Of Foreign Wars Dept Of Michigan
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 42,756 | 53,076 | −10,320 | 15.4 | 34% |
| 2012 | 52,020 | 55,733 | −3,713 | 13.9 | 33% |
| 2013 | 45,665 | 50,992 | −5,327 | 14.6 | 31% |
| 2014 | 48,750 | 51,211 | −2,461 | 14.0 | 29% |
| 2015 | 45,108 | 55,729 | −10,621 | 10.6 | 25% |
| 2016 | 45,354 | 54,022 | −8,668 | 9.0 | 23% |
| 2017 | 48,215 | 53,464 | −5,249 | 7.9 | 16% |
| 2018 | 47,565 | 48,399 | −834 | 8.5 | 26% |
| 2019 | 47,199 | 51,051 | −3,852 | 7.2 | 28% |
| 2023 | 38,366 | 47,880 | −9,514 | 22.0 | 0% |
| 2024 | 53,021 | 43,644 | 9,377 | 26.7 | 0% |
In its most recent public year (2024), this organization brought in $9,377 more than it spent. Its reserves stood at about 26.7 months of spending, up from 15.4 in 2011. Staff pay was 0% of spending. $5,150 of its net assets are donor-restricted.
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