Civic Intelligence

Biola University Inc.

990 • Fiscal year 2021 • EIN 95-0549600

Jul 01, 2020 to Jun 30, 2021 • Filed on May 11, 2022

Organization Profilewww.biola.edu

View Organization Page

13800 Biola AvenueLa Mirada, CA 90639-0001

(562) 903-6000

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

51st percentile

0.30x

Higher debt load relative to assets than 51% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Liabilities / Revenue

61st percentile

0.68x

Higher debt load relative to revenue than 61% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Net Margin

14th percentile

-3.8%

Higher net margin than 14% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Top Officer Pay

43rd percentile

$636,974

Higher top officer pay than 43% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2021

Asset Growth

17th percentile

1.4%

Faster asset growth than 17% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Revenue Growth

8th percentile

-17%

Faster revenue growth than 8% of similar nonprofits.

2021 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets51st percentile

Assets

Up

$495,437,445

Up $6,720,969 (+1.4%) from 2020

Net Assets

Up

$348,110,984

Up $30,729,423 (+9.7%) from 2020

Liabilities

Down

$147,326,461

Down $24,008,454 (-14%) from 2020

Revenue And Expenses
Liabilities / Revenue61st percentileNet Margin14th percentile

Revenue

Down

$217,190,577

Down $43,474,567 (-17%) from 2020

Expenses

Down

$225,365,038

Down $2,373,000 (-1.0%) from 2020

Net Income

Down

-$8,174,461

Down $41,101,567 (-125%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth17th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$600M$400M$200M$0Assets 2010: $293,339,867Liabilities 2010: $147,311,508Net Assets 2010: $146,028,3592010Assets 2011: $315,125,099Liabilities 2011: $145,717,945Net Assets 2011: $169,407,1542011Assets 2012: $320,185,708Liabilities 2012: $140,218,284Net Assets 2012: $179,967,4242012Assets 2013: $373,391,680Liabilities 2013: $175,320,851Net Assets 2013: $198,070,8292013Assets 2014: $399,423,110Liabilities 2014: $176,115,626Net Assets 2014: $223,307,4842014Assets 2015: $426,802,555Liabilities 2015: $174,412,394Net Assets 2015: $252,390,1612015Assets 2016: $433,994,394Liabilities 2016: $170,973,107Net Assets 2016: $263,021,2872016Assets 2017: $454,044,492Liabilities 2017: $165,343,650Net Assets 2017: $288,700,8422017Assets 2018: $460,987,574Liabilities 2018: $156,973,386Net Assets 2018: $304,014,1882018Assets 2019: $469,827,811Liabilities 2019: $157,941,378Net Assets 2019: $311,886,4332019Assets 2020: $488,716,476Liabilities 2020: $171,334,915Net Assets 2020: $317,381,5612020Assets 2021: $495,437,445Liabilities 2021: $147,326,461Net Assets 2021: $348,110,9842021Assets 2022: $465,269,884Liabilities 2022: $142,108,427Net Assets 2022: $323,161,4572022Assets 2023: $456,742,798Liabilities 2023: $135,925,564Net Assets 2023: $320,817,2342023Assets 2024: $522,436,369Liabilities 2024: $147,370,272Net Assets 2024: $375,066,0972024

Highlighted filing

2021

Assets$495,437,445
Liabilities$147,326,461
Net Assets$348,110,984
Open 2021 Filing

Operations Trend

Revenue Growth8th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $148,251,5162010Expenses 2011: $158,096,7282011Expenses 2012: $171,892,6862012Expenses 2013: $178,496,8652013Revenue 2014: $199,717,589Expenses 2014: $186,151,151Net Income 2014: $13,566,4382014Revenue 2015: $229,446,772Expenses 2015: $193,847,690Net Income 2015: $35,599,0822015Revenue 2016: $222,177,521Expenses 2016: $200,144,469Net Income 2016: $22,033,0522016Revenue 2017: $224,432,655Expenses 2017: $211,933,585Net Income 2017: $12,499,0702017Revenue 2018: $223,270,949Expenses 2018: $213,304,738Net Income 2018: $9,966,2112018Revenue 2019: $234,850,310Expenses 2019: $228,212,796Net Income 2019: $6,637,5142019Revenue 2020: $260,665,144Expenses 2020: $227,738,038Net Income 2020: $32,927,1062020Revenue 2021: $217,190,577Expenses 2021: $225,365,038Net Income 2021: -$8,174,4612021Revenue 2022: $249,357,478Expenses 2022: $242,679,337Net Income 2022: $6,678,1412022Revenue 2023: $223,677,013Expenses 2023: $236,112,678Net Income 2023: -$12,435,6652023Revenue 2024: $250,177,314Expenses 2024: $241,846,104Net Income 2024: $8,331,2102024

Highlighted filing

2021

Revenue$217,190,577
Expenses$225,365,038
Net Income-$8,174,461
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2020 to Jun 30, 2021
Signed
May 11, 2022
Return Version
2020v4.2
Gross Receipts
$277,927,363
Mission and Program Overview

Mission

Biola University is a private Christian university located in Southern California. For over 113 years, Biola has stood out as an institution grounded on biblically centered education, intentional spiritual development, and career preparation, where all faculty, staff and students are professing Christians. With more than 145 academic programs through its six schools, Biola offers degrees ranging from Bachelor of Arts to doctoral degree.

A private Christian university offering biblically-centered education, scholarship, and service.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$237,202,083$242,313,652▲ $5,111,569
Investments in Publicly Traded Securities$130,447,265$140,799,063▲ $10,351,798
Investments Other Securities$51,793,011$65,413,883▲ $13,620,872
Investments Program Related$15,221,264$14,084,710▼ $1,136,554
Accounts Receivable$4,106,976$11,376,595▲ $7,269,619
Cash and Non-Interest-Bearing Accounts$25,568,239$9,529,506▼ $16,038,733
Savings and Temporary Cash Investments$17,925,238$6,342,039▼ $11,583,199
Pledges and Grants Receivable$3,813,415$2,573,696▼ $1,239,719
Prepaid Expenses and Deferred Charges$1,130,174$1,594,466▲ $464,292
Other Notes and Loans Receivable, Net$597,435$582,503▼ $14,932
Receivables From Officers Etc$642,012$580,500▼ $61,512
Inventories for Sale or Use$258,101$235,569▼ $22,532
Total Assets$488,716,476$495,437,445▲ $6,720,969
Other Assets Total$11,263$11,263→ $0
Liabilities
Tax Exempt Bond Liabilities$116,004,536$113,095,153▼ $2,909,383
Unsecured Notes Loans Payable$19,000,000--
Accounts Payable and Accrued Expenses$14,474,492$14,841,248▲ $366,756
Other Liabilities$10,219,694$10,178,079▼ $41,615
Deferred Revenue$11,636,193$9,211,981▼ $2,424,212
Total Liabilities$171,334,915$147,326,461▼ $24,008,454
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$237,814,215$251,441,845▲ $13,627,630
Net Assets With Donor Restrictions$79,567,346$96,669,139▲ $17,101,793
Total Net Assets Fund Balance$317,381,561$348,110,984▲ $30,729,423
Total Liabilities and Net Assets / Fund Balance$488,716,476$495,437,445▲ $6,720,969

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$206,678,453$111,148,103$317,826,556
Equipment$10,604,228$57,988,407$68,592,635
Other Land Buildings$18,302,067$12,247,318$30,549,385
Land$6,728,904-$6,728,904
Other Securities$2,575,503--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$152,902,420$4,445,099▲ $36,940,185$732,220$172,771,406
2019$151,020,295$3,951,947▲ $3,570,401$697,965$152,902,420
2018$144,053,244$5,055,557▲ $7,461,643$904,549$151,020,295
2017$136,572,207$5,263,640▲ $8,886,602$2,837,701$144,053,244
2016$114,285,561$12,797,006▲ $13,175,547$331,196$136,572,207
Compensation and Service Providers
Top Officer Pay43rd percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Barry CoreyPresidentFT$518,884$118,867$637,751
Michael A PierceSecretary/EVP, Univ Ops & FinanceFT$285,455$42,781$328,236
Thomas HalleenDean, Cinema & Media ArtsFT$198,532$117,201$315,733
Lee Wilhite VP EnrollmentMarketing and CommunicationsFT$206,257$94,509$300,766
Adam Morris VP TransformationChief Advancement OfficerFT$262,217$33,699$295,916
Deborah TaylorProvost and Senior Vice PresidentFT$261,539$32,492$294,031
Christopher GraceDirector, Center for MarriageFT$219,175$27,638$246,813
Clark Campbell Sr AssociateProvost, Academic AffairsFT$225,366$19,923$245,289
Andre StephensVP, Student DevelopmentFT$201,522$43,755$245,277
Paula VictorGeneral CounselFT$235,452$9,045$244,497
Peter Hill DirOffice of AcadResearch & Grants/Prof. of PsychFT$206,832$14,497$221,329
Gregory VaughanFormer VP, Enrollment Mngt-$190,308$26,391$216,699
William Gordon HummelAssociate VP of FinanceFT$156,918$24,888$181,806
Dave Koontz Asst Secretary(part year)/Sr Director Fin Mgmt ReprtngFT$125,954$26,732$152,686
Sandra Weaver Asst Secretarypart year)/Sr Director Aux & Stu. Fin. SvcsFT$114,200$11,309$125,509
Bryan LorittsTrustee-$42,744-$42,744
Philip PaulTrustee-$32,744-$32,744
Hannah LeeTrustee-$26,284-$26,284
David KinnamanTrustee-$20,492-$20,492
Adam EdgerlyTrustee-$2,300-$2,300

Board Members and Trustees

NameTitle
Michael MaplesBoard Chair
Bradley ColeVice Chair
Al MijaresTrustee
Allan KavalichTrustee
Bob PritchettTrustee
Carol HawkinsTrustee
David GyertsonTrustee
David MitchellTrustee
Dean VandeKampTrustee
Dwight HangerTrustee
Henry RiadyTrustee
Jerry RuebTrustee
John SiefkerTrustee
Kennith ThompsonTrustee
Lynn CohickTrustee
Marilyn LongTrustee
Promod HaqueTrustee
Ray JohnsonTrustee
Rebecca AndrewsTrustee
Stanley JantzTrustee
Wayne LowellTrustee

Highest Paid Contractors

ContractorServicesLocationCompensation
WE ONeil Construction Co of CaliforniaGeneral Contractor909 N Pacific Coast Hwy, El Segundo, CA 90245-2735$4,870,649
McKinsey & Company Inc United StatesConsultant251 Little Falls Dr, Wilmington, DE 19808-1674$2,972,250
Bon AppetitFood Management14730 Beach Blvd Ste 107, La Mirada, CA 90638$2,146,800
Bremco Construction IncGeneral Contractor3470 E Spring St, Long Beach, CA 90806$1,329,717
RJ Daum Construction CoGeneral Contractor11581 Monarch St, Garden Grove, CA 92841-1814$1,240,588
Revenue and Support

Revenue Composition

Contributions and Grants
$32,043,524
Program Service Revenue
$176,035,254
Investment Income
$8,546,784
Other Revenue
$565,015
All Other Contributions
$18,031,204
Change in Net Assets
$-8,174,461

Noncash Contribution Practices

Property subject to holding requirements
No
Reviewed unusual noncash gifts
Yes
Third parties used for noncash contributions
Yes

Noncash Contributions

Contribution TypeContribution CountReported AmountValuation Method
Securities Publicly Traded5,426$410,161Market Value
Other Non Cash Contri Table33$12,450Market value
Cars and Other Vehicles7$6,069Market Value
Works of Art39$5,850Market Value
Books and Publications-$4,274Market Value
Other Non Cash Contri Table1$500Market value
Total Noncash Contributions5,506$439,304-

Audited Revenue Reconciliation

Revenue per Audited Statements
$216,289,006
Revenue Not Reported on Financial Statements
$901,571
Revenue Not Reported on Form 990
$-39,185,191
Other Revenue Adjustments
$78,368
Total Revenue per Audited Statements
$177,103,815
Total Revenue per Form 990
$217,190,577
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$97,842,968
Grants and Similar Amounts Paid$77,133,494
Other Expenses$50,309,762
Total Fundraising Expense$2,908,503
Professional Fundraising Fees$78,814

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$77,133,494--$77,133,494
Other Salaries and Wages$56,530,904$17,393,961$1,982,843$75,907,708
Fees for Services Other$5,391,573$9,381,876-$14,773,449
Other Employee Benefits$9,812,988$3,316,138$335,117$13,464,243
Depreciation Depletion$10,177,170$993,149$78,143$11,248,462
Payroll Taxes$4,203,137$1,491,371$143,539$5,838,047
All Other Expenses$4,153,429$1,192,484$41,459$5,387,372
Interest$4,351,922$132,852$11,479$4,496,253
Advertising$223,683$3,343,785$56,928$3,624,396
Information Technology$630,069$2,493,059$46,687$3,169,815
Occupancy$1,476,632$1,013,165-$2,489,797
Current Officers, Directors, Trustees, and Key Employees-$2,427,525-$2,427,525
Insurance$123,402$926,952-$1,050,354
Fees for Service Investment Mgmnt Fees-$823,203-$823,203
Office Expenses$494,714$220,575$39,983$755,272
Travel$176,304$38,584$14,873$229,761
Comp Disqual Persons-$205,828-$205,828
Fees for Services Accounting-$110,021-$110,021
Conferences and Meetings$27,084$49,909$2,033$79,026
Fees for Services Professional Fundraising--$78,814$78,814
Fees for Services Legal-$74,883-$74,883
Other Expenses$9,867,102$-9,942,945$75,843$0
Pension Plan Contributions$-276$-98$-9$-383
Total Functional Expenses$186,199,474$36,257,061$2,908,503$225,365,038

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$225,365,038
Expenses per Audited Statements$146,872,102
Total Expenses per Audited Statements$146,793,734
Expenses Not Reported on Financial Statements$78,492,936
Other Expense Adjustments$77,669,733
Expenses Not Reported on Form 990$-78,368
International Activity

International Summary

Offices
0
Employees
0
Spending
$25,375,688

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$25,375,688
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$78,814
Fundraising Gross Income$120
Fundraising Direct Expenses$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Officers, Directors, Trustees, and Key Employees$642,012$580,500▼ $61,512
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Liabilities for annuities payable$5,818,336
Perkins and Nursing school loans$2,194,285
Asset retirement obligation$2,137,160
Amounts held for benefit of others$28,298

Bond Issues

BondIssuerIssuedIssue PricePurpose
BCA Municipal Finance Authority2017-04-18$83,419,995Advance refunding and defeasance of 2008 bonds
ACA Municipal Finance Authority2013-04-25$40,189,220Construction of building and parking structure

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$83,419,995-$4,155,000$843,371
A$40,261,783$82,576,624$2,490,000$488,400

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 1

“Executive committee: The Board of Trustees shall appoint a permanent executive committee composed of the Chair, Vice-Chair, and President as ex-officio members and three or more at-large trustees. The Executive Committee shall have the authority to act for the board.”

Form 990, Part VI, Section B, line 11B

“The Form 990 is prepared by an independent CPA firm. The organization's Senior Director of Financial Management and Reporting works closely with the CPA firm it engages to prepare the return. The final draft of Form 990 is reviewed by the Exec VP, Univ Ops & Finance. 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.”

Form 990, Part VI, Section B, line 12C

“The Director of Human Resources, in conjunction with the Exec VP, Univ Ops & Finance, 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 questionnaires are completed and signed annually. If a conflict were to arise, the individual would abstain from deliberations or voting on the matter.”

Form 990, Part VI, Section B, line 15

“Line 15a: The independent board of trustees reviews and determines annually the compensation for the President. Comparability 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 11, 2020 for FY 2020-2021. Line 15b: The Committee on the President is an executive committee of the Board of Trustees which serves as the University's compensation committee. It is 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 Vice Presidents and other officers. The full board reviews and validates these compensation arrangements and the compensation approval process is documented in the committee minutes.”

Form 990, Part VI, Section C, line 19

“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.”

Filing and Contact Details

Filer

Filer Name
Biola University Inc
EIN
95-0549600
Phone
5629036000
Address
13800 Biola Avenue, La Mirada, CA 90639-0001

Signing Officer

Name
Michael A Pierce
Title
Exec VP, Univ Ops & Finance
Phone
5629036000
Signed
2022-05-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Barry H Corey
Formed
1908
Legal Domicile
CA
Voting Board Members
27
Independent Board Members
22
Employees
3,377
Volunteers
26

Preparer

Firm
Capin Crouse LLP
Address
3050 Saturn Street Suite 104, Brea, CA 92821
Preparer
Ted R Batson Jr
Phone
5055022746
Supplemental Narrative

Additional Explanations

Form 990, Part XI, line 9:

“Change in value of split interest agreements 508,111.”

Financial Statement Notes

Part IV, Line 1B:

“Biola (or it's designated individual) is named as administrator or successor trustee on testamentary gifts (estates or revocable living trusts). When the agreement matures upon the death of the grantor, Biola assumes its fiduciary role to marshal assets, pay expenses, and distribute beneficiary payments. The administration of each arrangement may last several years until all distributions are made and the accounts are closed.”

Part V, Line 4:

“The endowment earnings are used to underwrite the programs and administration of the University, with specific appropriations made to student aid, academic programs, and facility maintenance.”

Part X, Line 2:

“The University follows guidance that clarifies the accounting for uncertainty in tax positions taken or expected to be taken in a tax return, including issues relating to financial statement recognition and measurement. This guidance provides that the tax effects from an uncertain tax position can only be recognized in the financial statements if the position is more-likely-than-not to be sustained if the position were to be challenged by a taxing authority. The assessment of the tax position is based solely on the technical merits of the position, without regard to the likelihood that the tax position may be challenged. The University is exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code, though it is subject to tax on income unrelated to its exempt purpose, unless that income is otherwise excluded by the Code. The University has also been recognized by the California Franchise Tax Board as exempt from California franchise and income taxes under Section 23701d of the California Revenue and Taxation Code. The University has processes presently in place to ensure the maintenance of its tax-exempt status; to identify and report unrelated income; to determine its filing and tax obligations in jurisdictions for which is has nexus; and to identify and evaluate other matters that may be considered tax positions. The University has determined that there are no material uncertain tax positions that require recognition or disclosure in the financial statements.”

Part XI, Line 2D - Other Adjustments:

“Student financial aid netted with tuition revenue -77,133,494. Additional expenses netted against investment income -447,470.”

Part XI, Line 4B - Other Adjustments:

“Additional rent expense -1,144. Other 79,512.”

Part XII, Line 2D - Other Adjustments:

“Rent expense 1,144. Other -79,512.”

Part XII, Line 4B - Other Adjustments:

“Student financial aid netted with tuition revenue 77,133,494. Other rental expenses netted against revenue 447,470. Asset Retirement Obligation amortization 88,769.”

Raw XML AppendixShowing 400 of 1,429 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0School of Arts & SciencesThe School of Arts & Sciences consists of four schools: School of Cinema & Media Arts; School of Fine Arts & Communication; School of Humanities & Social Sciences; and School of Science, Technology, and Health.The School of Cinema & Media Arts focuses on equipping students to serve as an observer, interpreter, and creator of mass media through a Christian worldview. There are four areas of study to select from: game design and interactive media, production, writing for the screen, and entertainment producing. The School of Cinema & Media Arts is ranked Variety as one of the 50 best film programs in the world, and offers three Bachelor degree programs, including B.A. in Cinema and Media Arts, B.A. in Writing for Film and Television, and B.A. in Game Design and Interactive Media.The School of Fine Arts and Communication is where students explore new ways to create, tell and distribute stories because every discipline taught is a channel through which students can impact the world and express their faith -- with words, visuals and sound. The programs give students the opportunity to become proficient and powerful storytellers. The School of Fine Arts and Communication offers 15 Bachelor's degree programs, one Master's degree program, and three certificate programs. Degrees available include B.F.A. in Studio Art, B.S. in Design, B.A. in Music, B.A. in Communication Studies, and M.A. in Public Relations and Reputation Management.The School of Humanities & Social Sciences aims to look at humankind's similar and disparate systems, beliefs, languages and cultures and to gain an understanding through the literary masterpieces of great thinkers. They provide context for traditions and folklore and let philosophy collide with history and politics, in an attempt to make sense of the world from a human perspective, as well as a biblical perspective. The School of Humanities & Social Sciences offers 8 Bachelor degree programs. Degrees available include B.A. in English, B.A. in Political Science, and B.A. in Sociology. The School of Humanities & Social Sciences also offers the Torrey Honors College, which is Biola University's undergraduate honors program.The vision of the School of Science, Technology and Health at Biola University is to equip a new generation of ethically thoughtful professionals in the sciences and health care, grounded in a Christian worldview, educated in an academically rigorous environment, ready to assume positions of leadership, and able to provide the clear moral vision the world desperately needs. The School of Science, Technology and Health offers 15 Bachelor's degree program and two Master's degree programs. Degrees available include B.S. in Nursing, B.S. in Kinesiology, B.S. in Chemistry, and B.S. in Engineering Physics. The School of Science, Technology and Health also offers the Stewart Science Honors Program which is a highly selective honors program that is academically rigorous and is guided by research and technology.As of Fall 2020, the School of Arts & Sciences' enrollment is 2,205 undergraduate students and 54 Masters students. In Spring 2021, Biola's collegiate cybersecurity team competed in the National Cyber League national competition and placed in the top 7% of teams that competed. In addition, the Department of Public Relations and Strategic Communication has been approved by Public Relations Society of America (PRSA) to receive a Certification for Education for Publications (CEPR). Biola is only the second school in California and one of two Council of Christian Colleges & Universities (CCCU) affiliated universities to obtain this certification.
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IRS990/Form990PartVIISectionAGrp/PersonNm12William Gordon Hummel
IRS990/Form990PartVIISectionAGrp/PersonNm13Dave Koontz Asst Secretary
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IRS990/Form990PartVIISectionAGrp/TitleTxt0President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Secretary/EVP, Univ Ops & Finance
IRS990/Form990PartVIISectionAGrp/TitleTxt2Dean, Cinema & Media Arts
IRS990/Form990PartVIISectionAGrp/TitleTxt3Marketing and Communications
IRS990/Form990PartVIISectionAGrp/TitleTxt4Chief Advancement Officer
IRS990/Form990PartVIISectionAGrp/TitleTxt5Provost and Senior Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director, Center for Marriage
IRS990/Form990PartVIISectionAGrp/TitleTxt7Provost, Academic Affairs
IRS990/Form990PartVIISectionAGrp/TitleTxt8VP, Student Development
IRS990/Form990PartVIISectionAGrp/TitleTxt9General Counsel
IRS990/Form990PartVIISectionAGrp/TitleTxt10Research & Grants/Prof. of Psych
IRS990/Form990PartVIISectionAGrp/TitleTxt11Former VP, Enrollment Mngt

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$495,437,445
Liabilities
$147,326,461
Net assets
$348,110,984
Revenue
$217,190,577
Expenses
$225,365,038
Net income
-$8,174,461
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$522$147$375$250$242$8.33
2023Summary only. Only limited summary data is available for this year.$457$136$321$224$236$12.4
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$465$142$323$249$243$6.68
2021Detailed filing. Detailed filing data is available for this year.$495$147$348$217$225$8.17
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$489$171$317$261$228$32.9
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$470$158$312$235$228$6.64
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$461$157$304$223$213$9.97
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$454$165$289$224$212$12.5
2016Detailed filing. Detailed filing data is available for this year.$434$171$263$222$200$22.0
2015Summary only. Only limited summary data is available for this year.$427$174$252$229$194$35.6
2014Detailed filing. Detailed filing data is available for this year.$399$176$223$200$186$13.6
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$373$175$198$178
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$320$140$180$172
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$315$146$169$158
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$293$147$146$148
Peer Organizations

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