ICOE Financial Statements (Q1-Q3 2023):
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 |
