Page 1 of 2

Greek Orthodox Archdiocese of America ‐ Adopted Budgets for 2018 and 2019

Revenue
Parish Total Commitment Program
Metropolis Total Commitment sharing
Foundation Grant
Sale of Donated Property
Unrestricted Gifts
Chapel ‐ Other Income
Other Income ‐ General Services
Other Income ‐ Total Commitment
Other Income ‐ Other Income
Other Income
Investment Income
Total Revenues
Uses
Ecumenical Patriarchate
Holy Cross / Hellenic College
ST Nicholas Church & National Shrine Grant
St Nicholas Fundraising support
Metropolis Payroll, Payroll Tax, and Benefits
Metropolis Minimum support increase
Assembly of Canonical Orthodox Bishops/ OCMCGOA Ministries/Departments/Offices
Administration & General Services
Cathedral Fund Appropriation
Clergy Laity Congress(Breakeven projected ‐net of revenue of $800,000)
Communications(net of revenue of $240,000 in each year)
Correspondence
Development
Ecumenical
Eparchial Synod & Archives
Marriage and Family(net of revenue of $22,000)
Marriage & Family pre 2017 L100 grant
Finance
Greek Education(net of revenue of $55,000 in 2018 and $20,000 in 2019)
Information Technology
Internet Ministries(net of revenue of $55,000 in 2018 and $30,000 in 2019)2018 Budget

2019 Budget

First Quarter2019 Budget$ 22,000,000(800,000)
1,200,000
350,000
‐
‐
‐
‐
‐
‐
‐
22,750,000$ 22,006,884(800,000)
1,200,000
240,000
250,000‐‐‐‐‐‐
22,896,884$ 5,501,721 $ 5,489,965(200,000)(207,500)
300,000‐
60,000‐62,50032,838
‐
1,012
‐
701
‐
(90)
‐
900
‐
4,872
‐
20,802
5,724,221
5,343,500

1,000,000
1,000,000
170,000

1,250,000
1,250,000‐
125,000
5,919,394
165,000
15,000559,200‐‐
296,300
189,600
284,100
395,500
308,850
453,700‐
647,700
235,350
886,800
468,900

5,790,000
10,000438,400‐‐
275,000
186,600
447,400
294,800
450,400
300,000
645,000
240,800
880,600
437,900

312,500
312,500

ActualVariance:
Favorable(Unfavorable)$(11,756)(7,500)(300,000)(60,000)(29,662)
1,012
701
(90)
900
4,872
20,802(380,721)

31,2501,479,849
41,2503,750

312,500
312,500‐
27,1791,403,848
‐
‐

‐
‐
‐
4,071
76,001
41,2503,750

139,800‐‐
74,07547,40071,02598,875
77,213
113,425‐
161,925
58,838
221,700
117,225

181,389
80,811
13,051
83,18730,456845
98,20164,682
105,684‐
148,965
46,302160,002129,641(41,589)(80,811)(13,051)(9,112)
16,94470,180674
12,531
7,741‐
12,96012,53561,698(12,416)

Page 2 of 2

Greek Orthodox Archdiocese of America ‐ Adopted Budgets for 2018 and 20192018 Budget

2019 Budget

First Quarter2019 Budget(21,600)
754,600‐
353,400
417,800
182,800
80,00055,000282,800
96,300723,400
300,000
284,800
529,800
8,636,000

187,400
849,940‐
345,300
508,400
143,000
100,000
100,000
329,100
31,000690,000
357,900
337,100
505,700
9,210,840

46,850212,485‐
86,325
127,100
35,75025,00025,00082,2757,750172,500
89,47584,275
126,425
2,302,710(150,170)
230,972
106,000
92,903
101,668
35,113
8,936
63,12066,796814
232,834
43,12669,785
101,318
2,146,431

197,020(18,487)(106,000)(6,578)25,432637
16,064(38,120)
15,4796,936(60,334)
46,34914,49025,107156,279

905,000(825,000)
300,000
215,000
635,000
1,100,000‐
348,000
565,000‐
1,686,000
215,000
1,000,000‐‐
22,750,000

708,600(637,950)
300,000
120,000
560,000
1,350,000(669,000)
350,000
555,000
500,000
300,000
525,000
1,000,000‐‐22,896,884

17,66336,251(18,588)

75,00030,000140,000
170,250

11,94034,802
66,236
164,31163,060(4,802)73,764
5,939

87,500138,750
125,000
75,000131,250
250,000‐‐
5,724,221

44,383102,859
126,000‐
86,482‐62,5004,475
4,942,696

43,11735,891(1,000)75,00044,768250,000(62,500)(4,475)
781,525

Ionian Village(net of revenue of $1,900,000 in 2018 and 1930,000 in 2019)
Office of the Archbishop(net of restricted revenue of $280,000 in 2018)
Office of the Archbishop ‐ Benevolence and Philanthropy, net
Office of the Chancellor(net of revenue of $3000 in 2018)
Orthodox Observer(net of revenue of $100,000 in 2018 and $60,000 in 2019)
Parish Software
Pre‐ordination evaluation
Philanthropy & Clergy Assistance(net of revenue of $25,000 in 2018)
Public Relations(net of revenue of $40,000 in 2018)
Registry(net of revenue of $20,000 in 2018)
Religious Education(net of revenue of $400,000 in 2018 and $560,000 in 2019)
Retired & unassigned Bishops
Stewardship, Outreach and Evangelism
Youth(net of revenue of $60,000 in 2018 and 114,400 in 2019)
Subtotal GOA Ministries/Departments/Offices
Operating expenses and affiliate support services
Affiliates and other GOA Payroll, Payroll Tax, and Benefits
Reimbursements from affiliates for payroll and related expenses
Archdiocesan Council, Committee, & Synodal Meetings
Building Repairs
Maintenance, Leases, & Other General Expenses
Property and Liability Insurance
Reimbursements from affiliates for payroll and related expenses
Utilities, Telephone, Postage, Printing
Legal, Audit & Contract Services
Additional pension plan payment
Applied to Past Obligations and Reserves
New Bank loan & Interest payments
General and Legal Contingencies
Depreciation
Amortization of Loan Costs
Total Uses
Surplus (Deficit)

Variance:
Favorable(Unfavorable)

$‐

$‐

$

‐

Actual$400,804$

400,804