Veterans Of Foreign Wars Dept Of Minnesota
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2012 | 166,524 | 162,673 | 3,851 | 12.5 | 32% |
| 2013 | 185,429 | 157,837 | 27,592 | 15.0 | 37% |
| 2014 | 198,500 | 191,626 | 6,874 | 12.8 | 39% |
| 2015 | 236,909 | 224,113 | 12,796 | 11.6 | 37% |
| 2016 | 195,019 | 213,322 | −18,303 | 6.3 | 44% |
| 2017 | 237,531 | 222,167 | 15,364 | 6.8 | 37% |
| 2018 | 194,929 | 209,199 | −14,270 | 6.5 | 40% |
| 2019 | 214,726 | 223,422 | −8,696 | 5.6 | 45% |
| 2020 | 156,061 | 162,657 | −6,596 | 7.2 | 0% |
| 2021 | 314,135 | 213,890 | 100,245 | 11.1 | 50% |
| 2022 | 351,170 | 275,466 | 75,704 | 11.9 | 44% |
| 2023 | 417,527 | 305,621 | 111,906 | 15.1 | 45% |
In its most recent public year (2023), this organization brought in $111,906 more than it spent. Its reserves stood at about 15.1 months of spending, up from 12.5 in 2012. Staff pay was 45% 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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