NDAEB Annual Report 2019

The notes are an integral part of these financial statements. 6 National Dental Assisting Examining Board - Bureau national d'examen d'assistancedentaire Statement of Operation For the year ended December 31 2019 2018 Revenues Examination fees $ 1,063,341 $ 922,993 CPE fees 307,139 237,030 Application fees 258,625 151,050 Foreign credential assessment fees 33,000 33,750 Occupational Analysis contribution 20,071 - COGJ grant 17,967 - Miscellaneous 5,349 1,899 1,705,492 1,346,722 Expenses Amortization of intangible assets 544 544 Amortization of tangible capital assets 45,947 28,097 Board meeting 41,036 41,899 CDAC grant (Note 11) 28,160 28,240 CPE committee 24,262 6,038 CPE expenses 359,211 286,003 Equipment maintenance and leasing 67,029 75,164 Examination 189,542 179,652 Executive committee 2,886 1,264 General operations 110,320 119,706 Insurance 20,440 17,656 Occupational Analysis 20,071 9 Professional fees 74,358 45,886 Promotional 203 649 Salaries 482,620 449,009 Written exam committee 47,749 44,847 1,514,378 1,324,663 Excess of revenues over expenses before other expense 191,114 22,059 Other expense Interest on long-term debt (29,252) (5,059) Excess of revenues over expenses $ 161,862 $ 17,000