Actsafe Safety Association
Statement of Operations and Changes in Net Assets
Year ended December 31, 2018
Revenue
WorkSafe BC funding
Course fees
Interest income
Other income (Note 15)
Expenses
Consultants and contractors
Salaries and benefits (Note 13)
Technology
Rent
Furniture and equipment (Note 11)
Conference and meetings
Miscellaneous
Office supplies
Travel
Board and committee (Note 14)
Professional fees (Note 12)
Advertising and sponsorships
Publication and materials
Telecommunications and freight
Property taxes and general insurance
Interest on capital lease
Repairs and maintenance
Training - staff
Excess (deficiency) of revenue over expenses for the year
2018
$ 2017
$
1,218,000
322,897
8,914
169,234
1,719,045 940,000
289,895
9,740
120,980
1,360,615
636,856
580,361
118,028
116,273
95,730
64,414
21,199
20,287
16,146
15,150
14,137
11,518
11,309
8,085
7,333
2,500
1,541
221
1,741,088 366,978
638,715
111,586
102,454
95,208
64,236
15,559
25,438
30,073
15,300
51,296
11,326
9,509
9,743
7,049
3,080
2,878
10,797
1,571,225
(22,043)
(210,610)
Balance, beginning of year 216,930 427,540
Balance, end of year 194,887 216,930
The accompanying notes are an integral part of these financial statements.