Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Six Months Ended June 2023
BudgetRevenue
Parish Total Commitment Program
Total Commitment Revenue
Total Commitment Sharing for Metropolis
Metropolis TC Sharing reduction
Foundation Grant
Unrestricted Gifts
Revenue Enhancements
Centennial Journal
Investment Income ‐ net
Other Income
Total Revenues
Expenses
Ecumenical Patriarchate
Holy Cross / Hellenic College
Assembly of Canonical Orthodox Bishops/ OCMC
Subtotal
Metropolis Payroll, Payroll Tax, Liability Ins and Benefits
GOA Ministries/Departments/Offices
Administration & General Services
Communications
Marriage and Family ‐ Center for Family Care
Greek Education
Ionian Village
Mission Church expansion
Public Relations
Registry
Religious Education
Stewardship, Outreach and Evangelism
Planned Giving Parish Program
Subtotal ‐ GOA Ministries/Departments
Ecumenical
Eparchial Synod & Archives
Finance
Information Technology
Internet Ministries
Office of the Archbishop
Office of the Archbishop ‐ Charter
Correspondence
Office of the Chancellor
Philanthropy & Clergy Assistance
Pre‐ordination evaluation
Retired Bishops
Unassigned Clergy
Youth & Youth Safety
School of Byzantine Music
Subtotal ‐ GOA Ministries/Departments/Offices

AnnualSix Months$ 23,680,000(660,000)
300,000
1,250,000
250,000
550,000$ 11,840,000(330,000)
150,000
625,000
125,000
275,000‐‐$ 25,370,000$

1,500,000
3,500,000
25,0005,025,000
6,570,000

Actual(rounded)

Variance:
Favorable(Unfavorable)$‐‐$ 12,685,000$ 11,851,226(83,772)‐
750,000
109,911‐
540,548
322,743
137,264$ 13,627,920

$

$

$

750,000
1,750,000
12,5002,512,500
3,285,000

665,000
600,000
375,000
260,000‐
157,000
200,000
30,000450,000
225,000
200,000
3,162,000
500,000
150,000
799,000
650,000
575,000
800,000

332,500
300,000
187,500
130,000‐
78,500100,000
15,000225,000
112,500
100,000
1,581,000
250,000
75,000399,500
325,000
287,500
400,000

200,000
580,000
100,000
50,000400,000
115,000
420,000

100,000
290,000
50,00025,000200,000
57,500210,000

8,501,000

4,250,500

750,000
1,750,000
1,999
2,501,999
3,306,491
380,134
329,250
165,495
150,831(154,898)
19,562
97,72718,187
178,754
75,985‐
1,261,027
216,417
51,999406,593362,770
300,690
476,895
52,442
119,867
348,304
34,826
9,200
210,825
29,790105,901
2,428
3,989,974$

11,22696,228‐125,000(290,089)
540,548
322,743
137,264
942,920‐‐
10,501
10,501(21,491)(47,634)(29,250)
22,005(20,831)
154,898
58,9382,273(3,187)
46,24636,515100,000
319,973
33,58323,001(7,093)(37,770)(13,190)(76,895)(52,442)(19,867)(58,304)
15,17415,800(10,825)
27,710104,099(2,428)260,526

Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Six Months Ended June 2023
Operating expenses and affiliate support services
Affiliates and Other GOA Payroll, Payroll Tax, and Benefits
Reimbursements from Affiliates
Hellenic Cultural Center
Archdiocesan Council, Committee, & Synodal Meetings
Building Repairs
Maintenance, Leases, & Other General Expenses
Property and Liability Insurance
Insurance Allocated to Metropolises
Utilities, Telephone, Postage, Printing
Legal Counsel
Audit & Contract Services
Sub‐total
Additional pension plan contribution
Depreciation
Interest on loans
Amortization of loan costs
Legal and General Costs ‐ Contingencies
Total Expenses
Excess of Revenue over Expenses

800,000(800,000)
25,000100,000
200,000
475,000
1,920,000(960,000)
285,000
334,000
230,000
2,609,000
1,200,000240,000
225,000‐
1,000,000$ 25,370,000

400,000(400,000)
12,50050,000100,000
237,500
960,000(480,000)
142,500
167,000
115,000
1,304,500
600,000
120,000
112,500‐
500,000$ 12,685,000‐‐
10,46743,73065,934
170,511453,263

400,000(400,000)
2,033
6,270
34,066
66,98926,73788,078161,406
111,416
1,104,805
928,463
144,000
99,147
18,246
119,545$ 12,212,670$

54,422
5,594
3,584
199,695(328,463)(24,000)
13,353(18,246)
380,455
472,330

$

$

$

$

1,415,250‐‐

1,415,250