2015 Financial Reports

Interactive summaries of ICSP’s 2015 income and expenses for full transparency.

Income Breakdown (2015)

Where donations and income came from in 2015: general donations, endowment, sadaqah/zakat, and Quran school.

  • Endowment provided about 61.9% of 2015 income ($251,184.60), ensuring long-term stability.
  • General donations were 31.6% ($128,224.54) — strong community support.
  • Sadaqah/Zakat made up 3.9% ($15,775.00), and Quran School donations 2.7% ($10,805.00).
  • Total 2015 income: $405,989.14.
Tip: hover or tap to see exact amounts and percentages.

Expense Breakdown (2015)

Operating costs and community programs, including payroll, insurance, utilities, janitorial, and Quran school.

  • Payroll is the largest expense at about 45.0% ($69,566.01).
  • Insurance ~17.1% ($26,486.88), Utilities ~12.5% ($19,287.06), Janitorial ~9.3% ($14,400.00).
  • Quran School program spending ~8.5% ($13,204.60); Charitable contributions ~4.1% ($6,322.00).
  • Total 2015 expenses: $154,611.53.

Program-Focused Spending (2015)

Direct community impact areas: Quran School, charitable distributions, and community events (Eid, speakers).

  • Quran School: $13,204.60 (teachers & classroom needs).
  • Charitable support (zakat al-fitr distributions): $6,322.00.
  • Community events (Eid, etc.): modest, e.g. $900.00 for Eid in 2015.

Income vs. Expenses (2015)

Overall financial position for 2015: income substantially exceeded expenses, enabling savings and reinvestment into community needs.

  • Total income: $405,989.14 vs. Total expenses: $154,611.53.
  • Surplus: $251,377.61 — about 61.9% of income (expenses were ~38.1% of income).
  • Surplus supports maintenance, future projects, and reserves for emergencies.

Notes: Figures reflect ICSP accounting records for calendar year 2015. Minor rounding may occur.