Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 193,781 | 166,143 | 27,638 | 26.6 | 47% |
| 2012 | 194,677 | 185,506 | 9,171 | 24.4 | 46% |
| 2013 | 228,141 | 215,895 | 12,246 | 21.9 | 43% |
| 2014 | 214,741 | 209,191 | 5,550 | 23.0 | 50% |
| 2015 | 251,685 | 221,486 | 30,199 | 23.3 | 57% |
| 2016 | 252,987 | 226,850 | 26,137 | 24.1 | 53% |
| 2017 | 216,141 | 224,930 | −8,789 | 23.9 | 52% |
| 2018 | 175,948 | 202,062 | −26,114 | 25.0 | 55% |
| 2019 | 213,891 | 217,402 | −3,511 | 23.1 | 52% |
| 2020 | 146,726 | 178,287 | −31,561 | 26.0 | 50% |
| 2021 | 153,690 | 109,535 | 44,155 | 47.9 | 40% |
| 2022 | 156,668 | 155,986 | 682 | 32.8 | 46% |
| 2023 | 211,703 | 179,478 | 32,225 | 30.9 | 47% |
In its most recent public year (2023), this organization brought in $32,225 more than it spent. Its reserves stood at about 30.9 months of spending, up from 26.6 in 2011. Staff pay was 47% 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
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