السَّلاَمُ عَلَيْكُمْ وَرَحْمَةُ اللهِ وَبَرَكَاتُهُ 

Dear students and parents;
we are honored to announce that our academy has been established as “WAQF” meaning that 121Islamonline academy has become a 100% nonprofit organization
, And as promised to be 100% transparent we are pleased to detail all of our accounts in details as shown below:

 

Summarized Data Section:

  • – Total Number OF Hrs. For given lessons are: 534 Hrs
  • – Hourly Rate is: 4.5 GBP / HR “OR” 6.5 USD / HR
  • – Change Rate From GBP TO L.E THIS MONTH IS : 19.5999 L.E
  • – Change Rate From USD TO GBP : 0.81 GBP
DESCRIPTION British Currency (£)

TOTAL SALES

(Money Received In Bank)

+2364

Donations

+599

ACADEMY EXPENSES

-1789

PROFIT(+) & LOSS

+575

ACADEMY CREDIT

1174
TOTAL AMOUNT OF MONEY GIVEN AWAY TO CHARITY 1174

ACADEMY CREDIT AFTER DEDUCTING CHARITY MONEY

0


(1)Detailed Data Section:

(A) – TOTAL SALES :

DESCRIPTION British Currency (£)

INVOICED AMOUNT IN GBP

1643

INVOICED AMOUNT IN USD $316

256

TOTAL OF THE INVOICED AMOUNT IN GBP

1899

DONATION IN GBP

465

BUNDLES

465

TOTAL ACADEMY INCOME IN GBP

2364

(B) ACADEMY EXPENSES:

L.E.

DESCRIPTION British Currency (£)

Teachers Wages(L.E. 19718)

1006

Admin team wages(L.E. 6800)

347

WAGES TRANSFER FEES(L.E 196)

10

Facebook ADs(L.E. 2509)

128

ZOOM APP. SUBSCRIPTION (L.E. 1980)

101

SEO Fee(L.E. 1039)

53

Google Ads(L.E. 2822

144

TOTAL (L.E. 35064) 1789

(C) PROFIT(+) & LOSS (-):

  • PROFIT (+) / LOSS (-) = AMOUNT RECEIVED – EXPENSES        

                 = 2364 – 1789

                 = + 575

 

(D) CHARITY MONEY:

DESCRIPTION Egyptian Currency (LE)

Day of Orphans for Fasting
(121 Donations )

9500

Water project for Poor
Village (121 Donations )

1500

Rent for orphan school in badr

1500

Financial Aid for 8 poor Russian Families

8000

Financial Aid for Orphan school in AIN SHAMS

1000

Financial Aid for Orphan school in OBOUR City

1000

Poor Egyptian Family

500

TOTAL AMOUNT

23000

 

BEST REGARDS,

121ISLAMONLINE ACADEMY

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