Biola University Inc.

“The committee on the president to the board of trustees serves as the university's compensation committee, comprised solely of independent directors, none of which have a conflict of interest with respect to the compensation arrangements. The committee develops, consistent with the organization's philosophy and principles, the annual performance goals and the criteria to be used in determining merit increases criteria for the president (ceo) and the vice presidents. The full board reviews and validates these compensation arrangements.”

“Executive Committee: The Board of Trustees shall appoint a permanent Committee Executive composed of the Chair, Vice-Chair and President, as ex-offices of members and three or more At-Large Trustees. The Executive Committee shall have the authority to act for the Board.”

“The organization's senior director of financial management and reporting works closely with the outside accounting firm it engages to review the return. The final draft of form 990 is reviewed by the chief financial officer. Biola posts form 990, excluding schedule b, prior to filing, on a secure web site and informs the board of trustees that it is available for their review.”

“The director of human resources, in conjunction with the chief financial officer, is charged with monitoring proposed or ongoing transactions for conflicts of interest and addressing any potential or actual conflicts. Pursuant to the conflict of interest policy, an annual conflict of interest questionnaire, aimed at determining any family and business relationships and transactions or other transactions that may pose a potential conflict, is distributed to all covered persons (i .e. Board members, officers and executive leadership or key employees, if any).”

“The Independent Board of Trustees reviews and determines annually the compensation for the President. Comparing data from Association of Independent California Colleges and Universities is used in this analysis. The deliberation and decision are documented in the Board's minutes on September 13, 2019 for FY 2019-2020 .”

“While federal tax laws do not mandate that the organization's governing documents, conflict of interest policy, and financial statements be made available for public inspection, the organization makes its financial statements and conflicts of interest policy available on the university's website at www.biola.edu. The governing documents are available upon request.”

“(Expenses $ 15,500,494 including grants of $ 5,071,611)(Revenue $ 17,358,132) Rosemead School of Psychology: Rosemead School of Psychology-Doctoral Programs Rosemead's doctoral programs in clinical psychology are designed primarily to train practitioners in professional psychology. They are designed for students interested in pursuing careers in applied areas of clinical psychology. While all students receive training in the basic areas of scientific psychology relevant to the practice of psychology, the focus of Rosemead's doctoral training is on the development of professional skills and the utilization of theory and research in professional practice. Within this focus students are admitted to either the Psy.D. or the Ph.D. program. Approximately 67% of Rosemead's students are enrolled in the Psy.D. and 33% in the Ph.D. Except in unusual circumstances, students do not change programs after admission. While both the Psy.D. and Ph.D. have a common core of basic science and clinical courses, students selecting Rosemead's Psy.D. are generally preparing for full-time positions as psychological practitioners. Those choosing Rosemead's Ph.D. are interested in combining clinical work with other psychological competencies, such as teaching and research. Research training in Rosemead's Ph.D. program is strong in selected areas of ongoing faculty research. Thus the Ph.D. is particularly appropriate for students who desire both to develop quality clinical skills and to develop research skills related to clinical practice. Rosemead's major educational distinctives are its strong professional training orientation and its goal of relating the data and concepts of psychology to those of Christian theology. Since both psychology and theology address the human condition, Rosemead's faculty believes there is a great deal to be gained by an interdisciplinary study of the nature of persons. Consequently, all students take a series of theology courses and integration seminars designed to study the relationship of psychological and theological conceptions of human functioning. This series of courses lengthens Rosemead's doctoral program by approximately one year beyond most four-year clinical programs. While recognizing that the disciplines of psychology and theology have some very different data and methodologies, their overlapping content, goals and principles provide a rich resource for interdisciplinary study. Issues growing out of these overlapping concerns cover a range of topics relating to research, theory and clinical practice. By encouraging this study, Rosemead is attempting to train psychologists with a broad view of human nature that includes sensitivity to the religious dimension of life. Through its interaction with members of the Christian community, Rosemead is also committed to demonstrating to the church the potentially significant contributions an understanding of the data and methods of psychology can make to the Church's role of ministering to the whole person. Applied Psychology B.S. The Applied Psychology major equips adult-learners to apply biblically integrated psychological constructs in their scholarship, workplace, and service to the church, community and society. The Bachelor of Science degree in Applied Psychology is an undergraduate major specifically designed for adult-learners with course content delivered in a non-traditional manner, maximizing flexibility and accessibility for all enrolled students. The Applied Psychology major includes course work emphasizing psychosocial development, integration, research, and foundational theories of psychological study. Since students select a psychology major for a variety of reasons, a broad range of courses have been selected for students desiring employment or advancement in a variety of fields which may include education, ministry, human resources, business, and human services. The courses are chosen to concurrently satisfy the prerequisites for many graduate programs i”

“Line 27 contains net assests without donor restrictions. Form 990 for 2018 was not updated to reflect changes made by FASB ASU 2016-14 958. Our Audited Financial Statements are in compliance with this principles.”

“Line 28 contains net assests with donor restrictions. Form 990 for 2018 was not updated to reflect changes made by FASB ASU 2016-14 958. Our Audited Financial Statements are in compliance with this principles.”

“Line 29 contains net assets which donors are permanently restricted. Form 990 for 2018 was not updated to reflect changes made by FASB ASU 2016-14 958. Our Audited Financial Statements are in compliance with this principles.”

“Change in Split Interest Agreements - -357239; Asset Retirement Obligation - -81337;”

“Form 990 for 2018 was not updated to reflect changes made by U 2016-14. Our Financial Statements reflect net assets with donor restrictions, net assets without donor restrictions, and donors with permanently restrictions.”

“Summer Session Summer Session provides students with the opportunity for a greater degree of flexibility in planning their total program. Students may enrich their course of study and reduce the overall time to completion or decrease their regular course load by careful selection of Summer Session courses. Visiting students find it refreshing to study in a different atmosphere and perhaps a different locale, and entering students find it helpful in gaining advanced standing. Courses may be applied to both the degree and the teaching credential programs. Instruction is offered in standard courses by the Biola faculty and capable visiting professors. Certain courses or workshops may be offered during Summer Session that are not listed in this catalog. These may be innovative courses created in response to current topics or specialized needs.”

“Form 926 is filed with form 990-T because of transferred of property to a foreign corporation. * Form 3520 not required to file. * Form 5471 not required to file do not own 10% or more of the total combined voting power of all classes of voting stock of an SFC and not the sole owner of CFC * Form 8621 not required to file. * Form 8865 required to file.”