Page 1
Greek Orthodox Archdiocese of America
Statements of Financial Position(Unaudited)
ASSETSCash and cash equivalents
Unrestricted
Restricted
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
Other receivable and other assets
Fixed assets
Beneficial interest in split-interest trusts
Investments held for others
Total Assets
LIABILITIES AND NET ASSETS
Liabilities
Accounts payable and accrued expenses
Deferred revenue
Total commitment sharing payable
Grant payable
Pension payable
Loan payable (EIDL)
Mortgage loan payable, net
Other postretirement benefits obligations
Liability for funds held for others
Total Liabilities

September 30, 2022

September 30, 2021

December 31, 2021

$

$

$

$

$

Commitments and Contingencies
Net Assets (Deficit)
Withour donor restrictions
With donor restrictions
Total Net Assets
Total Liabilities and Net Assets

717,937
8,182,628
52,1183,444,750
910,080
18,207,400
273,659
2,963,896
670,4021,364,040
4,871,685
522,6483,010,179
45,191,422

1,109,294
1,458,553
12,50056,743500,000
4,677,806
5,164,671
3,010,179
15,989,746

$

$

-

$

8,184,953
21,016,723
29,201,676
45,191,422

4,612,111
8,561,192
44,4946,070,760
1,352,715
13,100,969
332,165
2,963,896
483,038
1,190,662
4,782,836
685,458
3,699,725
47,880,021

726,355
999,072
441,655
2,512,500
51,470150,000
4,843,044
2,395,588
3,699,725
15,819,409

$

$

-

$

8,720,330
23,340,282
32,060,612
47,880,021

4,488,601
9,938,336
125,227
2,227,719
761,862
14,142,813
288,3932,963,896
349,161
790,630
4,957,633
706,082
3,942,833
45,683,186

928,412
170,520
909,831
12,500150,000
4,803,249
4,531,134
3,942,833
15,448,479-$

6,230,752
24,003,955
30,234,707
45,683,186

Page 2
Greek Orthodox Archdiocese of America
Statements of Activities(Unaudited)

Revenues and Other Support
Total commitment
Contributions
BequestLeadership 100 contributions
Centennial and Clergy Laity Congress:
Contributions
Program revenue
Patriarchal visit contributions
Ministries revenue
Religious 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
Patriarchal Visit
Communication
Community
Clergy Laity Congress
Centennial Celebrations
Disaster Relief
Total Program Services
Supporting Services
General Administrative
Total Supporting Services
Total Program and Supporting Services
Changes in Net Assets before Government
Grant
Government Grant, Net
Changes in Net Assets
Net Assets, beginning of year
Net Assets, end of year

Nine Months Ended September 30, 2022
WithoutDonor
With Donor
Restrictions
RestrictionsTotal

Nine Months Ended September 30, 2021
WithoutDonor
With Donor
Restrictions
Restrictions
Total

Without Donor
Restrictions$ 17,485,114 $$ 17,485,114
825,494
2,424,103
3,249,597
3,959,500
3,959,500$ 17,110,350 $$ 17,110,350
297,2072,592,159
2,889,366
940,000
5,870,591
6,810,591
1,927,100
1,927,100$ 22,943,787 $$ 22,943,787
335,190
4,634,544
4,969,734
940,000
5,870,591
6,810,591
1,927,100
1,927,100

683,240
1,822,259
215,561
19,49581,831
9,069,709
30,202,703

2,043,292

Year Ended December 31, 2021
With Donor
Restrictions

Total(2,160,984)

2,043,292
683,240
1,822,259
215,561(2,141,489)

439,018
227,801
24,644

480,000
866,098

480,000
439,018
227,801
890,742

497,182
314,497
40,177

1,098,366
1,576,926

1,098,366
497,182
314,497
1,617,103(183,434)(9,069,709)(2,987,232)(183,434)
81,831
27,215,471

279,615
5,014,660
24,333,295

22,655(5,014,660)
6,743,943

22,655
279,615
31,077,238

476,545
7,743,190
33,290,568

43,279(7,743,190)
7,407,616

43,279476,545
40,698,184

6,383,203
4,991,542
2,109,387
1,047,022
4,289,221
1,515,356
621,758
752,189
21,709,678-

6,383,203
4,991,542
2,109,387
1,047,022
4,289,221
1,515,356
621,758
752,189
21,709,678

5,004,741
4,949,209
1,791,607
96,154
1,007,523
3,407,642
159
16,257,035-

5,004,741
4,949,209
1,791,607
96,154
1,007,523
3,407,642
159
16,257,035

6,738,343
6,638,414
2,511,219
742,139
1,527,065
4,744,202
240,159
23,141,541-6,738,343
6,638,414
2,511,219
742,139
1,527,065
4,744,202
240,159
23,141,541

6,538,824
6,538,824
28,248,502-

6,538,824
6,538,824
28,248,502

5,534,049
5,534,049
21,791,084-

5,534,049
5,534,049
21,791,084

9,601,387
9,601,387
32,742,928-

9,601,387
9,601,387
32,742,928

1,954,201(2,987,232)(1,033,031)
1,954,201(2,987,232)(1,033,031)
6,230,752
24,003,955
30,234,707$ 8,184,953 $ 21,016,723 $ 29,201,676

2,542,211
6,743,943
9,286,154
1,915,000
1,915,000
4,457,211
6,743,943
11,201,154
4,263,119
16,596,339
20,859,458$ 8,720,330 $ 23,340,282 $ 32,060,612

547,640
7,407,616
7,955,256
1,419,993
1,419,993
1,967,633
7,407,616
9,375,249
4,263,119
16,596,339
20,859,458$ 6,230,752 $ 24,003,955 $ 30,234,707

Page 3
Greek Orthodox Archdiocese of America
Statements of Cash Flows
Nine Months
Ended
September 30,2022

Nine Months
Ended
September 30,2021

Year Ended
December 31,2021$ (1,033,031)$ 13,066,666$

226,561
29,2552,285,359
183,434

22,000181,545
27,903(1,144,403)(46,670)

22,000262,726
41,636(1,377,722)(43,279)

73,109(1,217,031)
14,734(321,241)(573,410)(1,058,049)
180,882
1,288,033
690,280
768,885

23,902(7,377,327)
35,954(232,171)(799,029)
335,718
136,8081,080,009
50,000(71,914)
5,288,991(51,520)(1,026,955)
95,660(176,582)(344,915)
1,478,203
297,247(10,200)(200,000)
2,153,571
10,495,119

Cash Flows from Investing ActivitiesPurchases of investments
Proceeds from sales of investments
Purchases of fixed assets
Net Cash Provided by (Used in) Investing Activities(21,596,103)
15,246,157(140,613)(6,490,559)(8,574,529)
8,539,829(34,700)(15,673,292)
15,166,875(233,026)(739,443)

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

350,000(154,698)
195,302(130,446)(130,446)(196,786)(196,786)

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

(5,526,372)
14,426,937$ 8,900,565$

5,123,845
4,868,047
9,991,892

9,558,890
4,868,047$ 14,426,937

Additional Cash Flow Information
Interest paid$$

160,420

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
Other receivables 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

148,910$

9,375,249

214,133