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Financials

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ICOE Financial Statements (Q1-Q3 2017):

Financial Statements in U.S. Dollars

Income Q3 Q2 Q1
Zakat (including Zakat ul Fitr) 44,170 3,639
Sadaqah 5,823 4,992 5,367
Masjid Operations 86,659 16,073
Events & Programs (Iftar Program, Eid Salah & Soccer Program) 128,110 25,592 14,454
Rebuilding/Expansion (Including Employer matching) 69,093 90,109 935,040
Total Income 203,026 251,522 974,973
Expenses Q3 Q2 Q1
Zakat Distribution (including Zakat ul Fitr) 1,198 36,808 5,860
Sadaqah Distribution 9,480 3,468 940
Masjid Operations (Rent, Utilities, Payroll, Taxes, Services etc) 87,770 104,474 23,784
Events & Programs (Iftar Program, Eid Salah & Other Programs) 9,511 31,992 14,563
Rebuilding 29,353 9,881 8,850
Total Expenses 137,312 186,623 53,997
Accounts Snapshot Q3 Q2 Q1
Operations Account 103,215 72,386 90,201
Sadaqah & Zakat Account 207,186 212,041 203,154
Expansion Account 290,584 319,937 329,818
Rebuilding Account 1,094,243 1,025,149 935,040
Cash 7,157

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