Biola University Inc is located in La Mirada, CA. The organization was established in 1946. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. As of 06/2021, Biola University Inc employed 3,377 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Biola University Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2021, Biola University Inc generated $217.2m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.4%) each year. All expenses for the organization totaled $225.4m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
A PRIVATE CHRISTIAN UNIVERSITY OFFERING BIBLICALLY-CENTERED EDUCATION, SCHOLARSHIP, AND SERVICE.
Describe the Organization's Program Activity:
SCHOOL 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.
TALBOT SCHOOL OF THEOLOGYTHE MISSION OF TALBOT SCHOOL OF THEOLOGY IS THE DEVELOPMENT OF DISCIPLES OF JESUS CHRIST WHOSE THOUGHT PROCESSES, CHARACTER, AND LIFESTYLES REFLECT THOSE OF OUR LORD, AND WHO ARE DEDICATED TO DISCIPLE MAKING THROUGHOUT THE WORLD. THE GOAL IS TO EDUCATE AND GRADUATE STUDENTS CHARACTERIZED BY A COMMITMENT TO SERVING CHRIST, MISSIONARY AND EVANGELISTIC ZEAL, AND A SOLID KNOWLEDGE OF THE SCRIPTURES. THE TALBOT SCHOOL OF THEOLOGY OFFERS THREE BACHELOR DEGREE PROGRAMS, EIGHT MASTER'S DEGREE PROGRAMS, TWO DOCTORAL DEGREE PROGRAMS, AND FOUR CERTIFICATE PROGRAMS. DEGREES AVAILABLE INCLUDE B.A. IN BIBLE, THEOLOGY, AND MINISTRY; MASTER OF DIVINITY (M.DIV.); AND DOCTOR OF MINISTRY. THE TALBOT SCHOOL OF THEOLOGY ALSO PARTNERS WITH THE CROWELL SCHOOL OF BUSINESS TO OFFER A MASTERS OF MANAGEMENT, NONPROFITS ORGANIZATIONS. AS OF FALL 2020, THE TALBOT SCHOOL OF THEOLOGY'S ENROLLMENT IS 215 UNDERGRADUATE STUDENTS, 1,082 MASTERS STUDENTS, AND 204 DOCTORAL STUDENTS. TALBOT SCHOOL OF THEOLOGY ENGAGES WITH ITS STUDENTS AND COMMUNITY THROUGH ITS WEEKLY PODCAST "THINK BIBLICALLY," "THE GOOD BOOK BLOG, AND THE TALBOT MAGAZINE WHICH IS PUBLISHED TWICE A YEAR. IN ADDITION TO INVITING GUEST SPEAKERS THROUGHOUT THE YEAR, TALBOT SCHOOL OF THEOLOGY PARTICIPATED IN CONFERENCES, SUCH AS THE BIOLA HISPANIC CONFERENCE AND THE 2020 APOLOGETICS CONFERENCE WITH THE THEME "TETHERED TO TRUTH!"
STUDENT SERVICESSTUDENT SERVICES INCLUDES STUDENT DEVELOPMENT AND INTERCOLLEGIATE ATHLETICS. THIS INCLUDES A VARIETY OF STUDENT SUPPORT, SUCH AS STUDENT COMMUNICATIONS, TITLE IX ADMINISTRATION, STUDENT ENGAGEMENT AND WELLNESS, HOUSING PERSONNEL, CAREER DEVELOPMENT, ACADEMIC ADVISING, AND THE COUNSELING CENTER FOR STUDENTS. IT ALSO INCLUDES SUPPORT FOR INTERNATIONAL STUDENTS, SPECIAL-NEEDS STUDENTS, VETERANS, AND OFF-CAMPUS STUDENTS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Barry Corey President | OfficerTrustee | 40 | $580,691 |
Thomas Halleen Dean, Cinema & Media Arts | 40 | $296,785 | |
Michael A Pierce Secretary/evp, Univ Ops & Finance | Officer | 40 | $293,588 |
Deborah Taylor Provost And Senior Vice President | Officer | 40 | $264,587 |
Adam Morris Vp Transformation Chief Advancement Officer | Officer | 40 | $263,453 |
Paula Victor General Counsel | 40 | $236,965 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Mckinsey & Company Inc United States Consultant | 6/29/21 | $2,972,250 |
We Oneil Construction Co Of California General Contractor | 6/29/21 | $4,870,649 |
Bon Appetit Food Management | 6/29/21 | $2,146,800 |
Rj Daum Construction Co General Contractor | 6/29/21 | $1,240,588 |
Bremco Construction Inc General Contractor | 6/29/21 | $1,329,717 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $14,012,320 |
All other contributions, gifts, grants, and similar amounts not included above | $18,031,204 |
Noncash contributions included in lines 1a–1f | $439,304 |
Total Revenue from Contributions, Gifts, Grants & Similar | $32,043,524 |
Total Program Service Revenue | $176,035,254 |
Investment income | $2,737,082 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $12,466 |
Net Rental Income | $114,138 |
Net Gain/Loss on Asset Sales | $5,809,702 |
Net Income from Fundraising Events | $120 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $217,190,577 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $77,133,494 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $2,427,525 |
Compensation of current officers, directors, key employees. | $2,427,525 |
Compensation to disqualified persons | $205,828 |
Other salaries and wages | $75,907,708 |
Pension plan accruals and contributions | -$383 |
Other employee benefits | $13,464,243 |
Payroll taxes | $5,838,047 |
Fees for services: Management | $0 |
Fees for services: Legal | $74,883 |
Fees for services: Accounting | $110,021 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $78,814 |
Fees for services: Investment Management | $823,203 |
Fees for services: Other | $14,773,449 |
Advertising and promotion | $3,624,396 |
Office expenses | $755,272 |
Information technology | $3,169,815 |
Royalties | $0 |
Occupancy | $2,489,797 |
Travel | $229,761 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $79,026 |
Interest | $4,496,253 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $11,248,462 |
Insurance | $1,050,354 |
All other expenses | $5,387,372 |
Total functional expenses | $225,365,038 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $9,529,506 |
Savings and temporary cash investments | $6,342,039 |
Pledges and grants receivable | $2,573,696 |
Accounts receivable, net | $11,376,595 |
Loans from Officers, Directors, or Controlling Persons | $580,500 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $582,503 |
Inventories for sale or use | $235,569 |
Prepaid expenses and deferred charges | $1,594,466 |
Net Land, buildings, and equipment | $242,313,652 |
Investments—publicly traded securities | $140,799,063 |
Investments—other securities | $65,413,883 |
Investments—program-related | $14,084,710 |
Intangible assets | $0 |
Other assets | $11,263 |
Total assets | $495,437,445 |
Accounts payable and accrued expenses | $14,841,248 |
Grants payable | $0 |
Deferred revenue | $9,211,981 |
Tax-exempt bond liabilities | $113,095,153 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $10,178,079 |
Total liabilities | $147,326,461 |
Net assets without donor restrictions | $251,441,845 |
Net assets with donor restrictions | $96,669,139 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $495,437,445 |
Over the last fiscal year, we have identified 3 grants that Biola University Inc has recieved totaling $119,527.
Awarding Organization | Amount |
---|---|
Harry M Keller Foundation Glendale, CA PURPOSE: TO BE USED FOR CHARITABLE PURPOSE OF THE RECIPIENT | $50,000 |
Shepherd Sower Sentinel And Scholar Foundation Irvine, CA PURPOSE: SUPPORT FOR SCIENCE BUILDING | $50,000 |
Barnabas Family Foundation St Albans, MO PURPOSE: EDUCATION | $19,527 |
Beg. Balance | $152,902,420 |
Earnings | $36,940,185 |
Net Contributions | $4,445,099 |
Other Expense | $732,220 |
Grants | $20,784,078 |
Ending Balance | $172,771,406 |
Organization Name | Assets | Revenue |
---|---|---|
Chapman University Orange, CA | $2,132,825,456 | $697,718,019 |
Loyola Marymount University Los Angeles, CA | $1,676,232,440 | $723,872,616 |
Pepperdine University Malibu, CA | $2,047,744,709 | $580,174,202 |
University Of San Francisco San Francisco, CA | $1,277,161,356 | $554,812,646 |
University Of San Diego San Diego, CA | $1,513,056,957 | $520,612,377 |
President-Board Of Trustees Santa Clara College Santa Clara, CA | $2,958,910,318 | $543,668,030 |
National University San Diego, CA | $1,578,654,080 | $391,699,793 |
University Of The Pacific Stockton, CA | $1,331,534,766 | $478,311,062 |
Loma Linda University Loma Linda, CA | $1,843,254,584 | $350,502,232 |
Loma Linda University Shared Services Loma Linda, CA | $270,756,141 | $292,339,481 |
Azusa Pacific University Azusa, CA | $364,665,569 | $273,144,020 |
Biola University Inc La Mirada, CA | $495,437,445 | $217,190,577 |