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Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Three Months Ended March 31, 2023
Budget
Allocated toQuarter
AnnualRevenue
Parish Total Commitment Program
Total Commitment Revenue
Total Commitment Sharing for Metropolis
Metropolis TC Sharing reduction
Foundation Grant
Unrestricted Gifts
Revenue Enhancements
Investment Income - 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
CommunicationsMarriage and Family - Center for Family Care
Greek Education
Ionian Village
Mission Church expansion
Public Relations
Registry
Religious Education
Stewardship, Outreach and Evangelism
Planned Giving Parish Program
Subtotal - GOA Ministries/Departments
Ecumenical
Eparchial Synod & Archives
Finance
Information Technology
Internet Ministries
Office of the Archbishop
Correspondence
Office of the Chancellor
Philanthropy & Clergy AssistancePre-ordination evaluation
Retired Bishops
Unassigned Clergy
Youth & Youth Safety
School of Byzantine Music
Subtotal - GOA Ministries/Departments/Offices$ 23,680,000(660,000)
300,000
1,250,000
250,000550,000$ 25,370,000

$

$

$

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

Actual(rounded)

5,920,000(165,000)
75,000312,500
62,500137,500
6,342,500$

375,000
875,000
6,250
1,256,250
1,642,500$

665,000
600,000
375,000
260,000
157,000
200,000
30,000450,000
225,000
200,000
3,162,000
500,000
150,000
799,000
650,000
575,000
800,000
200,000
580,000
100,000
50,000400,000
115,000
420,000

166,250
150,000
93,75065,00039,25050,0007,500
112,500
56,25050,000790,500
125,000
37,500199,750
162,500
143,750
200,000
50,000145,000
25,00012,500100,000
28,750105,000

8,501,000

2,125,250$

Variance:
Favorable(Unfavorable)

5,911,852
544
625,000
128,747
156,622
29,252
6,852,017$

375,000
875,000
2,145
1,252,145
1,681,506$

171,598
122,318
79,41574,756
37,833
11,891
56,284
9,475
78,96836,370678,908
96,38225,858201,648
180,266
148,880
252,723
33,750179,080
16,806
4,400
100,000
14,80853,723(2,534)
1,984,698$(8,148)90,544
312,500(71,253)
156,622
29,252509,517

4,105
4,105
(39,006)(5,348)27,682
14,335(9,756)(37,833)
27,359(6,284)(1,975)33,532
19,88050,000111,592
28,618
11,642(1,898)(17,766)(5,130)(52,723)
16,250(34,080)
8,194
8,100
13,942
51,277
2,534
140,552

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Greek Orthodox Archdiocese of America
Comparison of Budget and Actual
Three Months Ended March 31, 2023

Operating 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
Insurance Allocated 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

Budget
Allocated toQuarter
Annual
800,000(800,000)
25,000100,000
200,000
475,000
1,920,000(960,000)
285,000
334,000
230,000
2,609,000
1,200,000
240,000
225,000
1,000,000$ 25,370,000$

200,000(200,000)
6,250
25,00050,000118,750
480,000(240,000)
71,25083,50057,500652,250
300,000
60,00056,250250,000
6,342,500

Actual(rounded)

Variance:
Favorable(Unfavorable)

592,799(592,799)
6,609
4,301
35,388106,933
215,551(392,799)
392,799(359)
20,69914,612
11,81724,449$57,32984,17861,127
571,416300,000
72,00049,574
9,127
16,5505,937,016$

13,921(678)(3,627)80,834(12,000)
6,676(9,127)
233,450
405,484$

915,001$

915,001