Greek Orthodox Archdiocese of America
Statements of Financial Position(Unaudited)

March 31,2019
ASSETSCash and cash equivalents
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
Miscellaneous 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
Line of credit loan
Deferred revenue
Total commitment sharing payable
Grants payable
Due to related entities
Due to pension plan
Mortgage loan, net
Other postretirement benefits obligations
Liability for funds held for others
Total Liabilities$$$Commitments and Contingencies
Net Assets (Deficit)
Withour donor restrictions
With donor restrictions
Total Net Assets
Total Liabilities and Net Assets

2,512,801
125,941
92,307
908,663
10,048,422
625,7392,927,388
142,905
132,967
5,346,080
590,219
2,723,248
26,176,680

1,111,494
761,773
1,644,887
799,031
25,00074,36755,9005,184,064
2,136,215
2,723,235
14,515,966

June 30,2019
$

$

$

‐

$(601,383)
12,262,097
11,660,714
26,176,680

3,052,349
90,830830,750
800,560
10,595,854
554,4422,963,895
117,476
356,915
5,321,880
608,385
2,790,796
28,084,132

1,186,650‐
1,724,419
415,000
285,31336,655557,420
5,171,464
2,532,900
2,790,796
14,700,617

September 30,
2019
$

$

$

‐

$(1,466)
13,384,981
13,383,515
28,084,132

2,218,082
126,549
295,731
917,348
10,739,857
520,5812,963,895
53,425
485,4155,275,805
589,943
2,771,778
26,958,409

1,191,966‐
579,814622,500
37,50022,481
351,350
5,137,792
2,507,000
2,771,778
13,222,181

December 31,2018
$

$

$

‐

$

627,894
13,108,334
13,736,228
26,958,409

2,744,009
90,131
93,862744,644
9,440,182
617,862
2,848,750
117,696
102,127
5,397,663
540,625
2,549,259
25,286,810

1,620,358
2,000,000
102,234
830,000‐
55,263‐5,224,799
2,136,215
2,549,259
14,518,128‐$(1,002,187)
11,770,869
10,768,682
25,286,810

Greek Orthodox Archdiocese of America
Statements of Activities(Unaudited)Three Months Ended March 31, 2019
Without Donor
Restrictions
Revenues and Other Support
Total commitment
Contributions and grants, excluding amounts
from enthronement and luncheon
Enthronement and luncheon contributions
In‐kind contribution
L100 contributions
Faith Contributions
Ministries
Dept of religious education ‐ sales
Clergy Laity Revenue
Investment Income
Change in fair value of beneficial interest
Other Income
Net assets released from restrictions
Total revenues and other support
Expenses and Grants
Program Services
Education
Metropolis Ministries
Orthodoxy Of The WorldCommunication
Community
St. Nicholas Greek Orthodox Church andNational Shrine (St. Nicholas), excluding
contributions raised from the enthronement
and luncheon program
Contributions raised for St. Nicholas
Enthronement and luncheon expenses
Clergy Laity Congress
Disaster Relief
Total Program Services
GrantsEcumenical Patriarchate
Hellenic College
Total Grants
Supporting Services
General Administrative
Fundraising
Total Supporting Services
Total Program Services, Grants and Supporting
Services
Changes in Net Assets
Net Assets (Deficit), beginning of period
Net Assets (Deficit), end of period$$

With Donor
Restrictions$Six Months Ended June 30, 2019

Total

Without Donor
Restrictions

5,489,965$ 10,882,479 $
390,296‐‐‐‐
1,452,277
218,273‐
38,512‐
1,023,406
2,657,167
16,662,410

5,489,965 $‐

127,422

22,510‐‐‐346,394
114,935‐
20,802‐
6,695
235,658
6,341,871

‐
‐
‐
‐
‐
‐
654,782
49,594‐(235,658)
491,228

149,932‐‐‐‐
346,394
114,935‐
675,584
49,594
6,695‐
6,833,099

435,742
1,636,415
261,442
333,708
393,855‐‐‐‐‐

435,742
1,636,415
261,442
333,708
393,855

2,868,941
3,255,368
546,709945,079
1,041,108

27,179‐‐13,051‐
3,101,392

‐
‐
‐
‐
‐
‐

27,179‐‐13,051‐
3,101,392

312,500
600,000
912,500‐‐‐

1,926,330
845
1,927,175
5,941,067
400,804(1,002,187)(601,383) $With Donor
Restrictions‐$

Nine Months Ended September 30, 2019

Three Months Ended September 30, 2019

Total

Without Donor
Restrictions

10,882,479$

With Donor
Restrictions

Without Donor
Restrictions

5,559,850$

5,559,850 $‐

1,861,233
943,232‐
789,100
111,000
1,452,277
218,273‐
927,763
67,759
1,023,406‐
18,276,522

42,374‐‐‐‐
878,895(2,758)‐
8,398‐
53,410477,8447,018,013

36,685
2,700
‐
‐
‐
‐
‐
‐
180,253(18,441)‐(477,844)(276,647)

79,0592,700‐‐‐
878,895(2,758)‐
188,651(18,441)
53,410‐6,741,366

432,670‐‐‐‐
2,331,172
215,515‐
46,910‐1,076,816
3,135,011
23,680,423

‐
‐
‐
‐
‐

2,868,941
3,255,368
546,709945,079
1,041,108

1,514,873
1,857,423
323,676
380,137
428,502‐‐‐‐‐1,514,873
1,857,423
323,676
380,137
428,502

4,383,814
5,112,791
870,385
1,325,216
1,469,610

53,669260,313877,203‐‐9,848,390

‐
‐
‐
‐
‐
‐

53,669260,313877,203‐‐9,848,390

23,488
‐
5,469
214
‐
4,533,782

‐
‐
‐
‐
‐
‐

23,488
‐
5,469
214
‐
4,533,782

77,157260,313882,672214

312,500
600,000
912,500

625,000
1,250,000
1,875,000‐‐‐

625,000
1,250,000
1,875,000

317,000
250,000
567,000

‐
‐
‐

‐
‐
‐

1,926,330
845
1,927,1753,937,454
845
3,938,299‐‐‐

3,937,454
845
3,938,299

1,288,716(845)
1,287,871‐
491,228
11,770,869
12,262,097 $

5,941,067
892,032
10,768,682
11,660,714

15,661,689
1,000,721(1,002,187)$(1,466) $‐1,614,112
11,770,869
13,384,981 $

15,661,689
2,614,833
10,768,682
13,383,515

6,388,653
629,360(1,466)
627,894 $

1,470,937
943,232‐
789,100
111,000‐‐‐
889,251
67,759‐(2,657,167)
1,614,112

$

$

Total

16,442,329 $With Donor
Restrictions
‐

$

Total

Without Donor
Restrictions

16,442,329$

22,090,389 $With Donor
Restrictions
‐

Total
$

817,041‐
1,355,823‐‐
2,274,004
569,579
909,641
60,983‐
83,311
3,216,528
31,377,299

‐
‐
‐
‐
‐

4,383,814
5,112,791
870,385
1,325,216
1,469,610

5,430,416
6,882,667
958,897
1,947,355
1,953,175

‐
‐
‐
‐
‐

5,430,416
6,882,667
958,897
1,947,355
1,953,175

14,382,172

‐
‐
‐
‐
‐
‐

77,157260,313882,672
214‐
14,382,172

1,449,765‐‐
1,113,973
333,903
20,070,151

‐
‐
‐
‐
‐
‐

1,449,765‐‐
1,113,973
333,903
20,070,151

317,000
250,000
567,000

942,000
1,500,000
2,442,000‐‐‐

942,000
1,500,000
2,442,000

1,000,000
1,000,000
2,000,000‐‐‐

1,000,000
1,000,000
2,000,000‐‐‐

1,288,716(845)
1,287,871

5,226,170‐
5,226,170‐‐‐

5,226,170‐
5,226,170

5,737,913
111,6825,849,595‐‐‐

5,737,913
111,6825,849,595‐(276,647)
13,384,981
13,108,334 $6,388,653
352,713
13,383,515
13,736,228

22,050,342
1,630,081(1,002,187)
627,894 $‐1,337,465
11,770,869
13,108,334 $

22,050,342
2,967,546
10,768,682
13,736,228

27,919,746
3,457,553(4,459,740)(1,002,187) $‐344,118
11,426,751
11,770,869 $

27,919,746
3,801,671
6,967,011
10,768,682$

1,908,321‐‐
1,219,463
112,200‐‐
419,250(37,989)(60,599)‐(3,216,528)
344,118

22,090,389

1,940,292
945,932‐
789,100
111,000
2,331,172
215,515‐
1,116,414
49,3181,076,816‐
25,017,888$

1,507,622
945,932‐
789,100
111,000‐‐‐
1,069,504
49,318‐(3,135,011)
1,337,465

Year Ended December 31, 2018

2,725,362‐
1,355,823
1,219,463
112,200
2,274,004
569,579
1,328,891
22,994(60,599)
83,311‐
31,721,417

Greek Orthodox Archdiocese of America
Statements of Cash Flows(Unaudited)Three Months
Ended March 31,2019
Cash Flows from Operating Activities
Changes in net assets$Adjustments to reconcile changes in net assets to net cash
provided by operating activities:
Depreciation
Fixed assets contributed to related entity, net
Amortization of loan costs
Net change in fair value of investments

892,032

Three Months
Nine Months
Six Months Ended Ended September Ended September
June 30, 201930, 2019
30, 2019$

2,614,833$

352,713$2,967,546

Year Ended
December 31,
2018$

3,801,671

62,500‐4,475(623,464)

128,171
40,00036,306(831,847)

62,500‐
11,247(144,579)

190,671
40,00047,553(976,426)

243,217‐9,260
130,696(49,594)(67,760)

18,442(49,318)

60,599(35,810)
1,555(7,877)(699)(736,888)
63,420(35,719)535,019
33,861(36,418)(201,869)
97,281(3,105)(93,862)
73,285Due from St. Nicholas Greek Orthodox Church andNational Shrine
Due from related entities
Miscellaneous receivables and other assets
Total commitment, net
Accounts payable and accrued expenses
Deferred revenue
Grants payable
Due to related entities
Liability for funds held for others, net
Pension and other accrued retirement benefits
Net Cash Provided by (Used in) Operating Activities(78,638)(25,209)(30,840)(194,988)(508,864)
1,542,653
25,00019,104(13)
55,9001,047,922(115,145)
220(254,788)(470,916)(433,708)
1,622,185
285,313(18,608)‐
954,105
2,814,194‐
64,051(128,500)
90,712
5,316(1,144,605)(247,813)(14,174)‐(231,970)(773,500)(115,145)
64,271(383,288)(380,204)(428,392)
477,580
37,500(32,782)‐
722,135
2,040,694(2,848,750)
100,028
283,127(14,232)(1,136,968)
102,234(1,250,000)(1,168,618)(3,506,630)
247,978(4,970,070)

Cash Flows from Investing ActivitiesPurchases of investments
Proceeds from sales of investments
Purchases of fixed assets
Net Cash Provided by (Used in) Investing Activities(1,199,493)
1,214,717(10,917)4,307(2,703,542)
2,379,717(92,388)(416,213)(1,004,645)
1,005,221(16,425)(15,849)(3,708,187)
3,384,938(108,813)(432,062)(16,473,896)
16,402,396(213,632)(285,132)

Cash Flows from Financing Activities
Proceeds from loans
Payments on loans
Loan costs paid
Net Cash Used in (Provided by) Financing Activities‐(1,283,437)‐(1,283,437)‐(2,089,641)‐(2,089,641)‐(44,919)‐(44,919)‐(2,134,560)(2,134,560)

7,500,000(557,385)(212,076)
6,730,539

Net (Decrease) Increase in Cash and Cash Equivalents
Cash and Cash Equivalents, beginning of period
Cash and Cash Equivalents, end of period$(231,208)
2,744,009
2,512,801$

308,340
2,744,009
3,052,349$(834,267)
3,052,349
2,218,082$(525,927)
2,744,009
2,218,082$

1,475,337
1,268,672
2,744,009

Additional Cash Flow InformationInterest paid$

83,917$

146,314$48,832$

195,146$

145,013

Change in fair value of beneficial interest in split‐
interest trusts
Changes in assets and liabilities
Accounts receivable
Contributions receivable
Inventory, net