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Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Nine Months Ended September 30, 2022
BudgetAnnualRevenue
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 ServicesCommunications
Marriage and Family ‐ Center for Family Care
Greek Education
Ionian Village
Mission Church expansion
Parish Software
Public Relations
Registry
Religious Education
Stewardship, Outreach and Evangelism
Subtotal ‐ GOA Ministries/Departments
Clergy Laity Congress
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
School of Byzantine Music
Subtotal ‐ GOA Ministries/Departments/Offices

Allocated toNine Months'
PeriodActual(rounded)

Variance:
Favorable(Unfavorable)

23,100,000(515,000)
250,000
1,200,000
250,000
349,000‐‐
24,634,000

17,325,000(386,250)
187,500
900,000
187,500
261,750‐‐
18,475,500

17,485,114‐‐
1,250,000
450,108
261,750
19,49581,831
19,548,298

160,114
198,750‐
350,000
262,608‐
19,49581,831
1,072,798

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

1,125,000
2,625,000
18,7503,768,750
4,927,500

1,125,000
2,625,000
16,411
3,766,411
4,993,492

‐
‐
2,339
2,339
(65,992)

600,000
500,000
343,000260,000‐
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
100,000
300,000
115,000
595,000‐
8,150,000

450,000
375,000
257,250
195,000‐
116,250750
270,000
22,500262,500
195,000
2,144,250‐
363,750
108,750
540,000
450,000
412,500
582,750
190,500
412,500
75,00075,000225,000
86,250446,250‐
6,112,500

495,917450,724
237,860
216,050(354,027)
113,769‐
38,15722,211
199,747
146,818
1,567,226‐
348,464
93,132558,504
484,554
332,075
501,103
105,750454,000188,004
27,5001,006,723
44,291
247,954
1,397
5,960,677(45,917)(75,724)
19,390(21,050)
354,027
2,481
750
231,843289
62,75348,182577,024‐
15,286
15,618(18,504)(34,554)
80,42581,64784,750(41,500)(113,004)
47,500(781,723)
41,959198,296(1,397)
151,823

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Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Nine Months Ended September 30, 2022
Budget
Allocated toNine Months'
PeriodAnnualOperating 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, net of allocation 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

780,000(780,000)
24,000100,000
100,000
440,000
875,000
350,000
285,000
200,000
2,374,000
1,050,000
240,000
225,000‐
1,000,000
24,634,000‐

585,000(585,000)
18,00075,00075,000330,000
656,250
262,500
213,750
150,000
1,780,500
787,500
180,000
168,750‐750,000
18,475,500‐

Actual(rounded)

Variance:
Favorable(Unfavorable)‐‐
16,837
20,677
114,084
241,999
725,547
104,461
196,667
141,619
1,561,891
787,500
226,561
148,910
29,256
119,399
17,594,097

585,000(585,000)
1,163
54,323(39,084)
88,001(69,297)
158,039
17,083
8,381
218,609‐(46,561)
19,840(29,256)
630,601
881,403

1,954,201

1,954,201