Page1

Greek Orthodox Archdiocese of America
Statements of Financial Position(Unaudited)
March 31, 2023

ASSETSCash and cash equivalents
Unrestricted
Restricted (internal restriction only)
Certificates of Deposit
Unrestricted
Restricted (internal restriction only)
Accounts receivable
Contributions receivable
Total commitments receivable
Investments, at fair value
Inventory, net
Due from St. Nicholas Greek Orthodox Church and National Shrine
Due from related entities
Prepaid expenses and other assets
Fixed assets
Beneficial interest in split-interest trusts
Investments held for others
Total AssetsLIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses
Deferred revenue
Total commitment sharing payable
Grant payable
Loan payable (EIDL)
Mortgage loan payable, net
Other postretirement benefits obligations
Liability for funds held for others
Total Liabilities
Net Assets (Deficit)
Withour donor restrictions
With donor restrictions
Total Net Assets
Total Liabilities and Net Assets

$$

$

$

2,230,022
5,368,564
4,783,141
2,019,930
52,2394,452,681
717,525
15,134,484
251,840
2,963,896
1,049,853
1,271,512
4,993,583
574,824
3,246,598
49,110,693

799,140
2,762,385
67,147225,000
500,000
4,588,423
6,162,000
3,246,598
18,350,694

7,968,422
22,791,577
30,759,999
49,110,693

March 31, 2022

$

$

$

$

8,291,704
7,669,074
41,925
4,782,000
747,149
13,645,945
275,347
2,963,896
340,363
1,390,082
4,888,779
651,519
3,681,413
49,369,196

716,445
3,010,493
6,264
12,500500,000
4,762,023
4,658,864
3,681,413
17,348,002

6,757,341
25,263,853
32,021,194
49,369,196

December 31, 2022

$

$

$$

1,827,514
2,445,717
1,750,000
1,500,000
76,5683,044,750
617,110
20,149,652
247,336
2,963,896
815,555
630,758
4,910,863
546,810
3,116,241
44,642,770

928,397229,164
513,327
500,000
4,633,795
6,197,321
3,116,241
16,118,245

7,053,421
21,471,104
28,524,525
44,642,770

Page2

Greek Orthodox Archdiocese of America
Statements of Activities(Unaudited)

Revenues and Other Support
Total commitment
Contributions
Leadership 100 contributions
Clergy Laity Congress
C ontributions
Registration & Exhibit fees
Program Revenue
Ministries revenueReligious education
Investment Income
Change in fair value of beneficial
interest in split-interest trusts
Other Income
Net assets released from restrictions
Total revenues and other support
Expenses
Program Services
Education
Metropolis Ministries
Orthodoxy Of The World
Communication
Community
Clergy Laity Congress
Centennial
Disaster Relief
Total Program Services
Supporting Services
General Administrative
Total Supporting Services
Total Program and Supporting Services
Changes in Net Assets
Net Assets, beginning of year
Net Assets, end of year

Three Months Ended March 31, 2023
WithoutDonor
With Donor
Restrictions Restrictions
TotalThree Months Ended March 31, 2022Without
Donor
With Donor
Restrictions
Restrictions
Total

Year Ended December 31, 2022
Without
Donor
With Donor
Restrictions
Restrictions
Total$ 5,911,852
298,747$ 5,691,140 $$ 5,691,140
263,139
1,740,093
2,003,232
4,259,500
4,259,500$ 23,892,566 $$ 23,892,566
872,080
3,419,595
4,291,675
3,959,500
3,959,500

1,865,735
1,796,200$ 5,911,852
2,164,482
1,796,200----

686,5022,061,792

2,061,792
686,50222,75086,136756(473,567)

22,75086,136(472,811)

2,155,765
277,239116,594(1,810,969)

2,155,765
277,239(1,694,375)(54,563)(4,211,565)
1,259,898(54,563)
41,831
11,577,215

177,566
10,003,497
38,181,809(159,272)(10,003,497)(2,532,851)(159,272)
177,566
35,648,958

3,981,869
1,645,796
639,230
378,648
950,828
1,989
100,000
7,698,360

10,444,326
6,970,559
2,730,895
1,725,918
2,085,826
1,443,305
660,019
1,172,368
27,233,216

45,33488,074
156,622477,990

45,33488,074
634,61230,752
2,847,466
9,378,84728,014(2,847,466)
1,320,473

28,01430,752
10,699,320

41,8314,211,565
10,317,317

1,562,205
1,680,962
1,060,556
353,764
849,310146
97,426580,205
6,184,574

3,981,869
1,645,796
639,230
378,648
950,828
1,989
100,000
7,698,360

1,562,205
1,680,962
1,060,556
353,764
849,310146
97,426580,205
6,184,574-

2,279,271
2,279,271
2,279,271
2,279,271
8,463,845
8,463,845
915,001
1,320,473
2,235,474
7,053,421
21,471,104
28,524,525$ 7,968,422 $ 22,791,577 $ 30,759,999-

2,092,368
2,092,368
2,092,368
2,092,368
9,790,728
9,790,728
526,589
1,259,898
1,786,487
6,230,752
24,003,955
30,234,707$ 6,757,341 $ 25,263,853 $ 32,021,194-

10,444,326
6,970,559
2,730,895
1,725,918
2,085,826
1,443,305
660,019
1,172,368
27,233,216

10,125,924
10,125,924
10,125,924
10,125,924
37,359,140
37,359,140
822,669(2,532,851)(1,710,182)
6,230,752
24,003,955
30,234,707$ 7,053,421 $ 21,471,104 $ 28,524,525

Page3

Greek Orthodox Archdiocese of America
Statements of Cash Flows(Unaudited)Three Months
Ended March31, 2023

Three Months
Ended March
31, 2022

Year Ended
December 31,2022$ 2,235,474$ 1,786,487$ (1,710,182)

72,0009,127(634,612)(28,014)68,854
10,010507,687
54,563291,183
38,694
1,917,179
159,272

24,329(1,407,931)(4,504)(234,298)(640,754)(546,595)(129,257)
2,533,221
225,000(35,321)1,437,866

83,302(2,554,281)
13,046
8,798(599,452)(888,854)(211,967)
2,839,973
127,730
1,245,896

48,659(817,031)
41,057(466,394)
159,872(251,752)(12,515)
58,644
1,666,187
1,122,873

Cash Flows from Investing Activities
Additions to certificate of deposit
Purchases of investments
Proceeds from sales of investments
Purchases of fixed assets
Net Cash Provided by (Used in) Investing Activities(3,553,072)(3,789,227)
9,439,007(154,720)
1,941,989(2,973,916)
2,963,097(10,819)(3,250,000)(32,104,394)
24,180,376(244,413)(11,418,431)

Cash Flows from Financing Activities
Proceeds from loans
Payments on loans
Net Cash Used in (Provided by) Financing Activities(54,499)(54,499)

350,000(51,236)
298,764

350,000(208,148)
141,852

Net (Decrease) Increase in Cash and Cash Equivalents
Cash and Cash Equivalents, beginning of year
Cash and Cash Equivalents, end of year

3,325,355
4,273,231$ 7,598,586

1,533,841
14,426,937$ 15,960,778(10,153,706)
14,426,937$ 4,273,231

Additional Cash Flow Information
Interest paid$$$

Cash Flows from Operating Activities
Changes in net assets
Adjustments to reconcile changes in net assets to net cash
provided by operating activities:
Disposition of fixed assets (gain on sale of property)
Depreciation
Amortization of loan costs
Net change in fair value of investments
Change in fair value of beneficial interest in split-interest trusts
Changes in assets and liabilities
Accounts receivable
Contributions receivable
Inventory, net
Due from related entities
Prepaid Expenses and other assets
Total commitment, net
Accounts payable and accrued expenses
Deferred revenue
Grants payable
Pension and other accrued retirement benefits
Net Cash Provided by (Used in) Operating Activities

49,57451,493

196,668