Midwest Veterans Biomedical Research Foundation
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2011 | 2,081,772 | 2,165,315 | −83,543 | 20.3 | 69% |
| 2012 | 2,328,365 | 2,462,708 | −134,343 | 17.2 | 69% |
| 2013 | 2,586,760 | 2,603,759 | −16,999 | 16.2 | 73% |
| 2014 | 2,795,590 | 2,870,337 | −74,747 | 14.4 | 76% |
| 2015 | 3,121,529 | 3,017,757 | 103,772 | 14.1 | 77% |
| 2016 | 2,811,653 | 3,209,980 | −398,327 | 11.8 | 74% |
| 2017 | 3,484,049 | 3,299,748 | 184,301 | 12.1 | 72% |
| 2018 | 3,100,361 | 3,086,390 | 13,971 | 12.9 | 74% |
| 2019 | 2,828,918 | 2,646,482 | 182,436 | 16.1 | 71% |
| 2020 | 1,907,341 | 2,253,728 | −346,387 | 17.3 | 73% |
| 2021 | 2,083,732 | 2,017,120 | 66,612 | 19.5 | 74% |
| 2022 | 2,142,096 | 2,310,163 | −168,067 | 15.5 | 75% |
| 2023 | 2,288,378 | 2,302,172 | −13,794 | 15.6 | 73% |
In its most recent public year (2023), this organization spent $13,794 more than it brought in. Its reserves stood at about 15.6 months of spending, down from 20.3 in 2011. Staff pay was 73% 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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