b'ELECTRONIC PRODUCTS RECYCLING ASSOCIATIONStatement of OperationsYear ended December 31, 2020, with comparative information for 20192020 2019 Revenue: Environmental handling fees$ 54,795,264 $49,567,890Management fee4,817,136 5,048,753Interest945,608 2,005,89660,558,00856,622,539Expenses: Direct operations:Processing20,394,115 22,277,357Collection8,226,943 8,481,717Transportation, warehousing and storage9,516,032 10,372,779Quality assurance sampling and recycler audits340,965 379,73038,478,055 41,511,583 Other:Consumer awareness and communications7,241,943 8,519,146Administration9,648,979 9,720,102Government fees471,857393,49117,362,77918,632,73955,840,83460,144,322 Excess (deficiency) of revenue over expenses$4,717,174 $(3,521,783) See accompanying notes to financial statements.EPRA ANNUAL REPORT 2020 23'