Divine Coffeehouse's management report summarizes its financial performance for the period ending December 31, 2016. Total revenue was $95,156.22, a 10% increase over the previous year. However, total expenditures of $66,686.89 resulted in a net operating revenue loss of $4,381.17. When including other revenue and expenditures, the net revenue loss was $4,381.17, an improvement over the $11,462.39 loss in the previous year.

1. Management Report
Origins: A Divine Coffeehouse
For the period ended December 31, 2016
Prepared on
March 28, 2016

2. Statement of Activity
January - December 2016
Total
Jan - Dec
2016 Jan - Dec 2015 (PY)
REVENUE (Projected @ 10% )
Cash Sales 44647.548 40,588.68
Donations 825 750.00
Food 45.276 41.16
Refunds-Allowances 51.062 46.42
Sales 48707.285 44,279.35
Uncategorized Revenue 880 800.00
Total Revenue (^10%) 95,156.22 86,505.61
COST OF GOODS SOLD (^7%)
Coffee 3,960.26 3,459.05
Foods 13.86 12.10
Baked Goods 67.55 59.00
Milk 572.49 500.04
Perishables 1,431.61 1,250.42
Sandwich Foods 15.83 13.82
Total Foods 2,087.47 1,835.38
Freight & delivery - COS 46.44 40.56
Other Costs - COS 4,672.40 4,081.05
Perishables 16,101.92 14,064.04
Purchases - COS 807.11 704.96
Subcontractors - COS
Bakery Items
Total Subcontractors - COS
Supplies & Materials - COGS 693.08 605.36
Syrups, Powders & Sauces 3,971.23 3,468.63
Tea & Coffee 255.30 222.99
Coffee
Creamer
Tea
Total Tea & Coffee 255.29 222.99
Total Cost of Goods Sold 32,850.50 28,482.02
GROSS PROFIT 62,305.72 58,023.59
EXPENDITURES (^10%)
Advertising 1,981.16 1,801.05
Bank Charges 1,466.48 1,333.16
Chocolate Sauce 68.37 62.15
Cleaning Supplies 404.13 367.39

3. Total
Jan - Dec
2016 Jan - Dec 2015 (PY)
Cups 631.74 574.31
Dues & Subscriptions 1,543.66 1,403.33
Employee Uniforms 0.00 353.32
Freight & Delivery 60.29 54.81
Insurance 303.60 276.00
Job Materials 104.10 94.64
Kitchen Supplies 825.00 1,714.47
Office Expenses 141.92 129.02
Other General and Admin Expenses 1,100.00 3,017.87
Paper Goods
Cups/Lids/Sleeves 63.80 58.00
Total Paper Goods 58.00(?) 58.00
Payroll Expenses
Taxes 3,916.60 3,802.52
Wages 36,730.98 35,661.15
Total Payroll Expenses (^3% ) 40,647.58 39,463.67
Promotional 110 100.00
Rent or Lease 4620 4,200.00
Repair & Maintenance 550 1,617.81
Restaurant Expense 144.012 130.92
Restaurant Supplies 55.572 50.52
Cleaning Supplies 36.289 32.99
Inventory (Food) 297.022 270.02
Kitchen Supplies -380.886 -346.26
Office Supplies 13.519 12.29
Total Restaurant Supplies 19.56(?) 19.56
Shipping and delivery expense 325.99 310.47
Stationery & Printing 381.13 362.98
Subcontractors 194.25 185.00
Supplies 277.80 264.57
Taxes & Licenses 1,260.00 4,352.61
Tools 3,715.48 3,538.55
Uncategorized Expenditure 290.33 276.50
Utilities 4,055.45 3,862.33
Electric 240.27 228.83
Gas & Water 907.25 864.05
Internet 232.02 220.97
Total Utilities (^5% ) 5,434.99 5,176.18
Total Expenditures 66,686.89 71,238.34
NET OPERATING REVENUE -4,381.17 -13,214.75

4. Total
Jan - Dec
2016 Jan - Dec 2015 (PY)
OTHER REVENUE
Other Ordinary Income 0 4,002.25
Total Other Revenue 0 4,002.25
OTHER EXPENDITURES
Grand Opening Party 0 2,142.59
Miscellaneous 0 108.42
Reconciliation Discrepancies 0 -1.12
Total Other Expenditures 0 2,249.89
NET OTHER REVENUE 0 1,752.36
NET REVENUE $-4381.17 $ -11,462.39