b'Canadian School Boards AssociationsStatement of OperationsFor the year ended March 31 2025 2024RevenuesMembership fees(Note 7) $ 183,298 $ 183,839Canadian Heritage project(Note 6) 228,125 628,300Interest 13,802 14,765Other revenue 57,178 6,412Draft for discussionSponsorship and awards 10,000 -492,403 833,316ExpendituresAmortization of capital assets 300 432Canadian Heritage project(Note 6) 207,583 546,344Executive stipend(Note 7) 21,479 22,500Executive travel and representation 47,139 47,867Insurance 2,521 2,338Meetings and committees 8,180 -Office 1,081 1,368Professional fees 27,887 27,839Strategic plan initiatives 24,149 54,799Subcontractors 108,744 91,631Telecommunications 10,769 5,330Translation5,871 2,553465,703 803,001Excess ofrevenues overexpenditures $ 26,700 $ 30,315The accompanying notes are an integral part of these financial statements.79'