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Monthly Financial Report December 2004

EXPENSES

ITEM
PAID
STATUS
Utilities (gas,lights,water)

449.00

Paid in Full
Lease

529.00

Paid in Full

Stipend to volunteers

900.00

Paid in Full

Office rent

We have a sponsor until March for the Office Expenses of $250.00 per month

Paid in Full

TOTAL EXPENSES

____________________

1,978.00

 

DONATIONS

1,434.26

 

November 30th Balance

600.00

 

BALANCE

____________________
 
56.00

 

NOTES
We were very fortunate due to the huge donation by the North Fulton Islamic Center and others (in-kind donations) we did not have to spend money for items that we usually have to use our donation money to purchase. 
 
As you see we end the year very low (too low).  Let's keep in mind that our bank balance should never be below $1,000 for any reason and that we should also have a minimum of $1,000 in Savings.  We don't our savings as of today is $33.00.  Our bank balance with a deposit made today of $20 is $404.56 (too low).
 
Let's get those donations in by talking to friends, family, etc.  We can do this everyone.
 
I am writing two grant proposals this weekend one to the Ludacris Foundation and one to a foundation headed by 50 Cent (the rapper).
 
I need for someone to research the names and addresses of Muslim professional athletes so we can write them this month as well, insh'Allah.  Call (404) 366-6610 or email me with the information, insh'Allah.

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