Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Six Months Ended June 30, 2022
Budget
Allocated toSix Months'
AnnualPeriodRevenue
Parish Total Commitment Program
Total Commitment Revenue
Total Commitment Sharing for Metropolis
Metropolis TC Sharing reduction
Foundation Grant
Unrestricted Gifts
Revenue Enhancements
Investment Income (Loss) ‐ 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
Orthodox Observer
Parish Software
Public Relations
Registry
Religious Education
Stewardship, Outreach and Evangelism
Subtotal ‐ GOA Ministries/Departments
Ecumenical
Eparchial Synod & Archives
Finance
Information Technology
Internet Ministries
Office of the Archbishop
Correspondence
Office of the Chancellor
Philanthropy & Clergy Assistance
Pre‐ordination evaluation
Retired Bishops
Unassigned Clergy
Youth & Youth Safety
Subtotal ‐ GOA Ministries/Departments/Offices

Actual(rounded)

Variance:
Favorable(Unfavorable)$ 23,100,000(515,000)
250,000
1,200,000
250,000
349,000‐‐$ 24,634,000$ 11,550,000(257,500)
125,000
600,000
125,000
174,500‐‐$ 12,317,000$ 11,576,988(3,008)‐750,000
752,008‐(6,389)63,658$ 13,133,257$$

26,988129,492‐
150,000
627,008(174,500)(6,389)63,658816,257$ 1,500,000
3,500,000
25,0005,025,000
6,570,000

$

$

$

‐

600,000
500,000
343,000
260,000‐
155,000‐
1,000
360,000
30,000350,000
260,000
2,859,000
485,000
145,000
720,000
600,000
550,000
777,000
254,000
550,000
100,000
100,000300,000
115,000
595,000
8,150,000

750,000
1,750,000
12,5002,512,500
3,285,000
300,000
250,000
171,500
130,000‐
77,500‐500
180,000
15,000175,000
130,000
1,429,500
242,500
72,500360,000
300,000
275,000
388,500
127,000
275,000
50,00050,000150,000
57,500297,500
4,075,000

750,000
1,750,000
698
2,500,698
3,319,670
325,412294,390
158,118
121,092
61,98460,998‐‐26,443
15,313
128,31773,634
1,265,701
229,41177,985369,822
320,075
224,154354,884
74,500289,230
26,641
14,5501,005,818
29,584.00
191,193
4,473,548

0
11,802
11,802(34,670)(25,412)(44,390)
13,382
8,908(61,984)
16,502‐500
153,557(313)
46,68356,366
163,799
13,089(5,485)(9,822)(20,075)
50,846
33,61652,500(14,230)
23,35935,450(855,818)
27,916
106,307(398,548)

Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Six Months Ended June 30, 2022
Budget
Allocated to
Six Months'
AnnualPeriodOperating expenses and affiliate support services
Affiliates and Other GOA Payroll, Payroll Tax, and Benefits
780,000
390,000
Reimbursements from Affiliates(780,000)(390,000)Hellenic Cultural Center
24,00012,000Archdiocesan Council, Committee, & Synodal Meetings
100,000
50,000
Building Repairs
100,000
50,000
Maintenance, Leases, & Other General Expenses
440,000
220,000
875,000
437,500
Property and Liability Insurance, net of allocation to Metropolise
Insurance Allocated to Metropolises(875,000)‐Utilities, Telephone, Postage, Printing
350,000
175,000
Legal Counsel
285,000
142,500
Audit & Contract Services
200,000
100,000
Sub‐total
1,499,000
1,187,000
Additional pension plan contribution
1,050,000
525,000
Depreciation
240,000120,000
Interest on loans
225,000
112,500
Amortization of loan costs‐‐
Legal and General Costs ‐ Contingencies
1,000,000
500,000
Total Expenses$ 23,759,000 $ 12,317,000
Excess of Revenue over Expenses

Actual(rounded)

Variance:
Favorable(Unfavorable)

‐
‐
250
8,201
49,830180,134
641,033
080,170
127,596
88,3391,175,553
525,000
137,707
100,608
19,710103,543$ 12,356,037$

390,000(390,000)
11,75041,799170
39,866(203,533)
094,83014,904
11,661
11,447‐(17,707)
11,892(19,710)396,457(39,037)$$

777,220

777,220