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BIOLA UNIVERSITY INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
BIOLA UNIVERSITY INC (EIN 95-0549600)
Tax period
2021-07-01 to 2022-06-30
Filed
2023-05-09
IRS object ID
202311299349304966
Schema version
2021v4.2
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2023-05-09T18:50:35-05:00ReturnTs
Tax Period End2022-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363990892PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Capin Crouse LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13200 Guasti Road Suite 230AddressLine1Txt
CityOntarioCityNm
State AbbreviationCAStateAbbreviationCd
ZIP91761ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2021-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN950549600EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Biola University IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBIOLBusinessNameControlTxt
Phone5629036000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113800 Biola AvenueAddressLine1Txt
CityLa MiradaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP906390001ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMichael A PiercePersonNm
Person TitleExec VP, Univ Ops & FinancePersonTitleTxt
Phone5629036000PhoneNum
Signature2023-05-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMichaelPersonFirstNm
Person LastPiercePersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDaren DaigaPreparerPersonNm
PTINP01074795PTIN
Phone5055022746PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerBarry H CoreyPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line113800 Biola AvenueAddressLine1Txt
CityLa MiradaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP906390001ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$309,641,802GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresswww.biola.eduWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1908FormationYr
Legal Domicile StateCALegalDomicileStateCd
Activity Or MissionA private Christian university offering biblically-centered education, scholarship, and service.ActivityOrMissionDesc
Voting Members Governing Body28VotingMembersGoverningBodyCnt
Voting Members Independent27VotingMembersIndependentCnt
Total Employee3269TotalEmployeeCnt
Total Volunteers27TotalVolunteersCnt
Total Gross UBI$3,025TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$5,696NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$32,043,524PYContributionsGrantsAmt
CY Contributions Grants$36,322,749CYContributionsGrantsAmt
PY Program Service Revenue$176,035,254PYProgramServiceRevenueAmt
CY Program Service Revenue$194,270,123CYProgramServiceRevenueAmt
PY Investment Income$8,546,784PYInvestmentIncomeAmt
CY Investment Income$18,453,556CYInvestmentIncomeAmt
PY Other Revenue$565,015PYOtherRevenueAmt
CY Other Revenue$311,050CYOtherRevenueAmt
PY Total Revenue$217,190,577PYTotalRevenueAmt
CY Total Revenue$249,357,478CYTotalRevenueAmt
PY Grants And Similar Paid$77,133,494PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$67,617,341CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$97,842,968PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$105,916,403CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$78,814PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$233,290CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$2,881,839CYTotalFundraisingExpenseAmt
PY Other Expenses$50,309,762PYOtherExpensesAmt
CY Other Expenses$68,912,303CYOtherExpensesAmt
PY Total Expenses$225,365,038PYTotalExpensesAmt
CY Total Expenses$242,679,337CYTotalExpensesAmt
PY Revenues Less Expenses-$8,174,461PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$6,678,141CYRevenuesLessExpensesAmt
Total Assets BOY$495,437,445TotalAssetsBOYAmt
Total Assets EOY$465,269,884TotalAssetsEOYAmt
Total Liabilities BOY$147,326,461TotalLiabilitiesBOYAmt
Total Liabilities EOY$142,108,427TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$348,110,984NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$323,161,457NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionBiola University is a private Christian university located in Southern California. For over 114 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.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$64,508,041ExpenseAmt
Grant$37,048,796GrantAmt
Revenue$84,882,425RevenueAmt
DescSchool 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 by Variety as one of the 30 best film programs in the world, and is ranked as the #1 Christian film school. They offer four Bachelor's degree programs, including B.A. in Cinema and Media Arts, B.A. in Writing for Film and Television, B.A. in Game Design and Interactive Media, and B.S. in Entertainment Business.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's 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 16 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 2021, the School of Arts & Sciences' enrollment is 2,186 undergraduate students and 62 Masters students. In Spring 2022, Biola faculty and a student made a cutting-edge discovery that showed that molecular nanomachines can destroy viruses, which was a significant breakthrough in virology. In addition, the Torrey Honors College partnered with Biola's Division of Diversity and Inclusion to create the program Read Well, Live Well, a summer program to introduce underserved students to a college campus.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$30,870,533ExpenseAmt
Grant$17,771,662GrantAmt
Revenue$45,709,112RevenueAmt
DescTalbot 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's degree programs, eight Master's degree programs, and 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 2021, the Talbot School of Theology's enrollment is 217 undergraduate students, 1,012 Masters students, and 209 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 Ablaze Conference in Fall 2021. Talbot also launched their online Masters of Divinity program in Summer 2021.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$25,474,243ExpenseAmt
Revenue$25,046,815RevenueAmt
DescAuxiliary ServicesAuxiliary Services serves the Biola University community through the Biola Store, conference services, dining services, the Print Shop, residential facilities, and student transportation. Auxiliary Services offers conference services for youth organizations, churches, sports camps, community groups, and other external organizations. There are six eateries available on Biola University's campus, including Cafe Biola which is the main dining facility, Eagles' Nest, and The Heritage Cafe. Residential facilities include 10 residence halls and seven apartment buildings offered as housing to undergraduate and graduate students.Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (3 entries)

ExpenseExpenseAmtRevenueRevenueAmtDescDescGrantGrantAmt
$24,763,545$1,468,793Student 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.
$15,035,388$64,161Academic SupportAcademic Support includes the Provost department, the library, diversity and inclusion administration, the Registrar's office, integration of faith and learning, and faculty administration and support
$33,516,853$37,098,817School of EducationThe School of Education exists to train up those who desire to make an impact as educators in classrooms, administration buildings, homeschools, the mission field and beyond. A wide selection of rigorous, biblically centered academic offerings is available -- ranging from undergraduate and graduate programs to teaching credentials and certificates, as well as K12 as well as homeschool education through the Eight-Week Clinic Courses for grades 1 through 6. The School of Education offers four Bachelor's program degrees, five Master's program degrees, and eight certificate programs. Degrees available include B.A. in Early Childhood, B.A. in Liberal Studies (Multidisciplinary), and M.A. in Education.As of Fall 2021, the School of Education's enrollment is 182 undergraduate students and 217 Masters students.Crowell School of BusinessThe Crowell School of Business prepares students academically with a foundational business education while nurturing their Christian commitment through solid biblical integration in courses and contact with faculty and staff. The mission of the Crowell School of Business is to equip students to develop a Biblical worldview so as to see business as ministry: to prepare students for excellence and leadership in their career, to be strong in mind and character, and mature in faith so that they will make an impact for God in this time and place. The Crowell School of Business offers four Bachelor's degree programs, four Master's degree programs, and one certificate program. Degrees available include B.S. in Accounting, B.S. in Business Administration, and Masters of Business Administration.As of Fall 2021, the Crowell School of Business's enrollment is 494 undergraduate students and 105 Masters students. Every year the Crowell School of Business hosts the Biola Startup Competition where undergraduate and graduate students, as well as recent alumni, are invited to pitch their concept for a business or nonprofit, develop a business plan, and compete for capital. In addition, every other month, the Crowell School of Business hosts the Distinguished Speaker Series, where prominent business leaders are invited to speak with students.Rosemead School of PsychologyRosemead School of Psychology is a top psychology school for Christians who want to integrate their faith with their field. Rosemead School of Psychology brings together the scientific, research-driven study of human behavior with biblical perspectives on human flourishing. Students are equipped with knowledge and skills for professional roles in clinical psychology, therapy, counseling, teaching and research. Rosemead School of Psychology offers two Bachelor's degree programs, one Master's degree program, and two Doctoral degree programs. Degrees available include B.A. in Psychology and Ph.D. in Clinical Psychology.As of Fall 2021, the Rosemead School of Psychology's enrollment is 376 undergraduate students and 128 Doctoral students.Cook School of Intercultural StudiesThe Cook School of Intercultural Studies exists to equip students to communicate, live and work effectively in culturally diverse contexts, to make disciples of all peoples, and to impact the world for the Lord Jesus Christ. It's diverse faculty, with overseas and missionary experience in nearly 100 countries, equips students for careers in a wide variety of fields globally and domestically. The Cook School of Intercultural Studies offers one Bachelor's degree program, one Master's degree program, and three Doctoral programs. Degrees available include B.A. in Intercultural Studies, M.A. in Intercultural Studies, and Ph.D. in Intercultural Education.As of Fall 2021, the Cook School of Intercultural Studies' enrollment is 56 undergraduate students, 92 Masters students, and 133 Doctoral students. The Cook School of Intercultural Studies publishes The International Journal of Christianity and English Language Teaching, which is an annual publication relating to English language teaching and Christian English language teachers.Summer SessionSummer 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. 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.ResearchResearch includes various grants that Biola University has secured from third parties, which includes administration of grants, as well as the research being performed. Research also includes The Center of Marriage & Relationships which equips students, couples and churches with the tools needed to build happy, healthy friendships, relationships and marriages. Public ServicesPublic Services includes Biola University's counseling center for the community.$12,796,883
FieldValueIRS element (for citing)
Total Other Prog Srvc Expense$73,315,786TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant$12,796,883TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue$38,631,771TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses$194,168,603TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit CounselingYes (1)CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School OperatingYes (1)SchoolOperatingInd
Foreign OfficeYes (1)ForeignOfficeInd
Foreign ActivitiesYes (1)ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional FundraisingYes (1)ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To Organizations0GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt BondsYes (1)TaxExemptBondsInd
Invest Tax Exempt Bonds0InvestTaxExemptBondsInd
Escrow Account0EscrowAccountInd
On Behalf Of Issuer0OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan OutstandingYes (1)LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl EntYes (1)BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art ContributionYes (1)DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl EntYes (1)RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document7117IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3269EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Form1098 C FiledYes (1)Form1098CFiledInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members28GoverningBodyVotingMembersCnt
Independent Voting Member27IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldCAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldORStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
Own WebsiteYes (X)OwnWebsiteInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Denise RodriguesBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5629036000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line113800 Biola AvenueAddressLine1Txt
CityLa MiradaCityNm
State AbbreviationCAStateAbbreviationCd
ZIP906390001ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (40 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtHighest Compensated EmployeeHighestCompensatedEmployeeInd
Barry Corey
President40.00Yes (X)Yes (X)$562,889$0$41,369
Michael Maples
Board Chair2.00Yes (X)Yes (X)$0$0$0
Bradley Cole
Vice Chair2.00Yes (X)Yes (X)$0$0$0
Rebecca Andrews
Trustee2.00Yes (X)$0$0$0
Lynn Cohick
Trustee2.00Yes (X)$0$0$0
Adam Edgerly
Trustee/Speaker2.00Yes (X)$800$0$0
David Gyertson
Trustee2.00Yes (X)$0$0$0
Dwight Hanger
Trustee2.00Yes (X)$0$0$0
Promod Haque
Trustee2.00Yes (X)$0$0$0
Carol Hawkins
Trustee2.00Yes (X)$0$0$0
Vincent Huang
Trustee2.00Yes (X)$0$0$0
Stanley Jantz
Trustee2.00Yes (X)$0$0$0
Ray Johnson
Trustee2.00Yes (X)$0$0$0
Allan Kavalich
Trustee2.00Yes (X)$0$0$0
David Kinnaman
Trustee2.00Yes (X)$23,947$0$0
Hannah Lee
Trustee2.00Yes (X)$25,447$0$0
Marilyn Long
Trustee2.00Yes (X)$0$0$0
Bryan Loritts
Trustee2.00Yes (X)$17,191$0$0
Wayne Lowell
Trustee2.00Yes (X)$0$0$0
Al Mijares
Trustee2.00Yes (X)$0$0$0
David Mitchell
Trustee2.00Yes (X)$0$0$0
Philip Paul
Trustee2.00Yes (X)$0$0$0
Bob Pritchett
Trustee2.00Yes (X)$0$0$0
Henry Riady
Trustee2.00Yes (X)$0$0$0
Jerry Rueb
Trustee2.00Yes (X)$0$0$0
John Siefker
Trustee2.00Yes (X)$0$0$0
Kennith Thompson
Trustee2.00Yes (X)$0$0$0
Dean VandeKamp
Trustee2.00Yes (X)$0$0$0
Michael A Pierce
Secretary/EVP, Univ Ops & Finance40.00Yes (X)$297,627$0$21,648
William Hummel
Asst Secretary40.00Yes (X)$155,187$0$17,565
Brian Phillips
Asst Secretary40.00Yes (X)$158,922$0$20,570
Adam Morris VP Transformation
Chief Advancement Officer40.00Yes (X)$270,062$0$28,382
Andre Stephens
VP, Student Development40.00Yes (X)$213,512$0$21,443
Deborah Taylor
Provost and Senior Vice President40.00Yes (X)$266,927$0$23,219
Lee Wilhite VP Enrollment
Marketing and Communications40.00Yes (X)$213,547$0$102,523
Thomas Halleen
Dean, Cinema & Media Arts40.00$328,812$0$25,054Yes (X)
Paula Victor
General Counsel40.00$233,007$0$3,732Yes (X)
Clark Campbell Sr Associate
Provost, Academic Affairs40.00$213,064$0$12,468Yes (X)
Christopher Grace
Director, Center for Marriage40.00$235,919$0$21,684Yes (X)
Scott Rae Sr Advisor to the
President for University Mission40.00$205,329$0$5,238Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$3,422,189TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$344,895TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K191IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
McKinsey & Company Inc United States
251 Little Falls DrWilmingtonDE198081674Consultant$12,614,880
RJ Daum Construction Co
11581 Monarch StGarden GroveCA928411814General Contractor$4,602,581
Bon Appetit
14730 Beach Blvd Ste 107La MiradaCA90638Food Management$4,041,444
WE ONeil Construction Co of California
909 N Pacific Coast HwyEl SegundoCA902452735General Contractor$2,812,825
Google Inc
Dept 34256San FranciscoCA941390001Advertising & Technology$2,070,174
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K52CntrctRcvdGreaterThan100KCnt
Fundraising$10,025,000FundraisingAmt
Government Grants$6,545,565GovernmentGrantsAmt
All Other Contributions$19,752,184AllOtherContributionsAmt
Noncash Contributions$3,047,198NoncashContributionsAmt
Total Contributions$36,322,749TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (3 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
Tuition and fees611310$166,470,679$166,470,679
Aux service sales611710$25,046,815$25,046,815
Public and student fee611300$2,113,505$2,113,505

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

FieldValueIRS element (for citing)
Total Revenue Column$639,124TotalRevenueColumnAmt
Related Or Exempt Func Income$639,124RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$194,270,123TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$3,374,885TotalRevenueColumnAmt
Exclusion$3,374,885ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$39,258TotalRevenueColumnAmt
Exclusion$39,258ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$366,959RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$237,921RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$129,038RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$129,038TotalRevenueColumnAmt
Exclusion$129,038ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$74,403,482SecuritiesAmt
Other$109,531OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$59,434,342SecuritiesAmt
Other$0OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$14,969,140SecuritiesAmt
Other$109,531OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$15,078,671TotalRevenueColumnAmt
Exclusion$15,078,671ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$2,459FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$10,025,000ContriRptFundraisingEventAmt
Fundraising Direct Expenses$612,061FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$609,602TotalRevenueColumnAmt
Exclusion-$609,602ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp (2 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtExclusionExclusionAmtUnrelated Business RevenueUnrelatedBusinessRevenueAmt
Late fees/finance char900099$491,588$491,588
Sponsorships541800$3,025$3,025

Miscellaneous Revenue MiscellaneousRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$257,743TotalRevenueColumnAmt
Exclusion$257,743ExclusionAmt
FieldValueIRS element (for citing)
Other Revenue Total$752,356OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$249,357,478TotalRevenueColumnAmt
Related Or Exempt Func Income$194,270,123RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$3,025UnrelatedBusinessRevenueAmt
Exclusion$18,761,581ExclusionAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IXYes (X)InfoInScheduleOPartIXInd

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$67,617,341TotalAmt
Program Services$67,617,341ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$2,680,893TotalAmt
Management And General$2,680,893ManagementAndGeneralAmt

Comp Disqual Persons CompDisqualPersonsGrp

FieldValueIRS element (for citing)
Total$5,206TotalAmt
Program Services$4,200ProgramServicesAmt
Management And General$1,006ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$82,351,336TotalAmt
Program Services$61,430,481ProgramServicesAmt
Management And General$19,158,811ManagementAndGeneralAmt
Fundraising$1,762,044FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

FieldValueIRS element (for citing)
Total$1,903,531TotalAmt
Program Services$1,443,474ProgramServicesAmt
Management And General$420,820ManagementAndGeneralAmt
Fundraising$39,237FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$13,108,911TotalAmt
Program Services$9,605,569ProgramServicesAmt
Management And General$3,242,242ManagementAndGeneralAmt
Fundraising$261,100FundraisingAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$5,866,526TotalAmt
Program Services$4,271,410ProgramServicesAmt
Management And General$1,479,010ManagementAndGeneralAmt
Fundraising$116,106FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$16,199TotalAmt
Management And General$16,199ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$175,252TotalAmt
Management And General$175,252ManagementAndGeneralAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

FieldValueIRS element (for citing)
Total$233,290TotalAmt
Fundraising$233,290FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

FieldValueIRS element (for citing)
Total$558,475TotalAmt
Management And General$558,475ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$25,308,837TotalAmt
Program Services$9,674,062ProgramServicesAmt
Management And General$15,634,775ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$4,951,652TotalAmt
Program Services$457,445ProgramServicesAmt
Management And General$4,469,909ManagementAndGeneralAmt
Fundraising$24,298FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$1,156,159TotalAmt
Program Services$904,266ProgramServicesAmt
Management And General$223,141ManagementAndGeneralAmt
Fundraising$28,752FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$3,573,722TotalAmt
Program Services$633,826ProgramServicesAmt
Management And General$2,867,130ManagementAndGeneralAmt
Fundraising$72,766FundraisingAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$3,836,595TotalAmt
Program Services$1,529,882ProgramServicesAmt
Management And General$2,306,713ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,612,692TotalAmt
Program Services$1,396,397ProgramServicesAmt
Management And General$172,954ManagementAndGeneralAmt
Fundraising$43,341FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$204,863TotalAmt
Program Services$158,993ProgramServicesAmt
Management And General$37,446ManagementAndGeneralAmt
Fundraising$8,424FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$3,743,987TotalAmt
Program Services$3,623,484ProgramServicesAmt
Management And General$110,820ManagementAndGeneralAmt
Fundraising$9,683FundraisingAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$11,175,959TotalAmt
Program Services$10,104,389ProgramServicesAmt
Management And General$992,956ManagementAndGeneralAmt
Fundraising$78,614FundraisingAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$1,267,328TotalAmt
Program Services$165,831ProgramServicesAmt
Management And General$1,101,497ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmtManagement And GeneralManagementAndGeneralAmtFundraisingFundraisingAmt
Book & serials purchase$1,120,093$1,113,346$5,517$1,230
Equipment maintenance$885,738$312,504$573,103$131
Licenses and fees$315,083$159,226$155,857
Alloc of indirect cost$0$11,986,215-$12,079,470$93,255

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$9,009,669TotalAmt
Program Services$7,576,262ProgramServicesAmt
Management And General$1,323,839ManagementAndGeneralAmt
Fundraising$109,568FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$242,679,337TotalAmt
Program Services$194,168,603ProgramServicesAmt
Management And General$45,628,895ManagementAndGeneralAmt
Fundraising$2,881,839FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$9,529,506BOYAmt
EOY$25,915,429EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$6,342,039BOYAmt
EOY$4,530,111EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,573,696BOYAmt
EOY$12,996,120EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$11,376,595BOYAmt
EOY$3,073,421EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

FieldValueIRS element (for citing)
BOY$580,500BOYAmt
EOY$528,388EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$582,503BOYAmt
EOY$584,845EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

FieldValueIRS element (for citing)
BOY$235,569BOYAmt
EOY$291,543EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$1,594,466BOYAmt
EOY$1,772,021EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$431,995,617LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$191,793,434LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$242,313,652BOYAmt
EOY$240,202,183EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$140,799,063BOYAmt
EOY$97,722,028EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$65,413,883BOYAmt
EOY$64,160,863EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

FieldValueIRS element (for citing)
BOY$14,084,710BOYAmt
EOY$13,481,669EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$11,263BOYAmt
EOY$11,263EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$495,437,445BOYAmt
EOY$465,269,884EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$14,841,248BOYAmt
EOY$15,466,491EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$9,211,981BOYAmt
EOY$8,729,036EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$113,095,153BOYAmt
EOY$109,430,123EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$10,178,079BOYAmt
EOY$8,482,777EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$147,326,461BOYAmt
EOY$142,108,427EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$251,441,845BOYAmt
EOY$220,374,175EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$96,669,139BOYAmt
EOY$102,787,282EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$348,110,984BOYAmt
EOY$323,161,457EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$495,437,445BOYAmt
EOY$465,269,884EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$6,678,141ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst-$30,794,677NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets-$832,991OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit RequiredYes (1)FederalGrantAuditRequiredInd
Federal Grant Audit PerformedYes (1)FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
SchoolYes (X)SchoolInd

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

FieldValueIRS element (for citing)
Volunteers0VolunteersInd
Paid Staff Or Management0PaidStaffOrManagementInd
Media Advertisements0MediaAdvertisementsInd
Mailings Members0MailingsMembersInd
Publications Or Broadcast0PublicationsOrBroadcastInd
Grants Other Organizations0GrantsOtherOrganizationsInd
Direct Contact Legislators0DirectContactLegislatorsInd
Rallies Demonstrations0RalliesDemonstrationsInd
Other ActivitiesYes (1)OtherActivitiesInd
Other Activities$19,522OtherActivitiesAmt
Total Lobbying Expenditures$19,522TotalLobbyingExpendituresAmt
Not Described Section501c30NotDescribedSection501c3Ind

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart II-B, Line 1:FormAndLineReferenceDesc
ExplanationPaid membership dues to a higher education lobbying group and airfare for University President to travel to the CA state capital.ExplanationTxt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Agent Trustee EtcYes (1)AgentTrusteeEtcInd
Beginning Balance$1,213,162BeginningBalanceAmt
Additions During Year$39,741AdditionsDuringYearAmt
Distributions During Year$267,985DistributionsDuringYearAmt
Ending Balance$984,918EndingBalanceAmt
Incl Escrow Custodial Acct Liab0InclEscrowCustodialAcctLiabInd

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$172,771,406BeginningYearBalanceAmt
Contributions$1,617,061ContributionsAmt
Investment Earnings Or Losses-$7,045,009InvestmentEarningsOrLossesAmt
Other Expenditures$26,355,895OtherExpendituresAmt
End Year Balance$140,987,563EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$152,902,420BeginningYearBalanceAmt
Contributions$4,445,099ContributionsAmt
Investment Earnings Or Losses$36,940,185InvestmentEarningsOrLossesAmt
Grants Or Scholarships$20,784,078GrantsOrScholarshipsAmt
Other Expenditures$732,220OtherExpendituresAmt
End Year Balance$172,771,406EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$151,020,295BeginningYearBalanceAmt
Contributions$3,951,947ContributionsAmt
Investment Earnings Or Losses$3,570,401InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,942,257GrantsOrScholarshipsAmt
Other Expenditures$697,965OtherExpendituresAmt
End Year Balance$152,902,420EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$144,053,244BeginningYearBalanceAmt
Contributions$5,055,557ContributionsAmt
Investment Earnings Or Losses$7,461,643InvestmentEarningsOrLossesAmt
Grants Or Scholarships$4,645,600GrantsOrScholarshipsAmt
Other Expenditures$904,549OtherExpendituresAmt
End Year Balance$151,020,295EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$136,572,207BeginningYearBalanceAmt
Contributions$5,263,640ContributionsAmt
Investment Earnings Or Losses$8,886,602InvestmentEarningsOrLossesAmt
Grants Or Scholarships$3,831,504GrantsOrScholarshipsAmt
Other Expenditures$2,837,701OtherExpendituresAmt
End Year Balance$144,053,244EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.56526BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.43474PrmnntEndowmentBalanceEOYPct
Endowments Held Unrelated OrgYes (1)EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$6,728,904OtherCostOrOtherBasisAmt
Book Value$6,728,904BookValueAmt

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$319,481,097OtherCostOrOtherBasisAmt
Depreciation$118,243,916DepreciationAmt
Book Value$201,237,181BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$70,775,868OtherCostOrOtherBasisAmt
Depreciation$61,050,778DepreciationAmt
Book Value$9,725,090BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$35,009,748OtherCostOrOtherBasisAmt
Depreciation$12,498,740DepreciationAmt
Book Value$22,511,008BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$240,202,183TotalBookValueLandBuildingsAmt

Other Securities OtherSecuritiesGrp (9 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
Certificates of deposit$99,086C
Debt securities$15,605,062C
U.S. government obligations$392,163C
Hedge funds$4,273,739C
Private equity$23,240,226C
Select equity$15,503,069C
Deferred compensation plan$1,064,283C
Real estate not measured at fair value$1,835,511C
Beneficial interest in perpetual trusts$2,147,724C
FieldValueIRS element (for citing)
Total Book Value Securities$64,160,863TotalBookValueSecuritiesAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (4 entries)

DescDescAmtAmt
Perkins and Nursing school loans$1,680,664
Asset retirement obligation$1,872,390
Liabilities for annuities payable$4,919,068
Amounts held for benefit of others$10,655
FieldValueIRS element (for citing)
Total Liability$8,482,777TotalLiabilityAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$150,135,631TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst-$30,794,677NetUnrealizedGainsInvstAmt
Other Revenue-$68,480,756OtherRevenueAmt
Revenue Not Reported-$99,275,433RevenueNotReportedAmt
Revenue Subtotal$249,411,064RevenueSubtotalAmt
Investment Expenses Not Incld$558,475InvestmentExpensesNotIncldAmt
Other Revenues Not Included-$612,061OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt-$53,586RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$249,357,478TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$173,401,330TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included$215,698OtherExpensesIncludedAmt
Expenses Not Reported$215,698ExpensesNotReportedAmt
Expenses Subtotal$173,185,632ExpensesSubtotalAmt
Investment Expenses Not Incld2$558,475InvestmentExpensesNotIncld2Amt
Other Expenses Not Included$68,935,230OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$69,493,705ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$242,679,337TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
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 -67,617,341. Additional expenses netted against investment income -467,052. Other -396,363.
Part XI, Line 4b - Other Adjustments:Event expenses -612,061.
Part XII, Line 2d - Other Adjustments:Event expense 612,061. Other -396,363.
Part XII, Line 4b - Other Adjustments:Student financial aid netted with tuition revenue 67,617,341. Other rental expenses netted against revenue 467,052. Asset Retirement Obligation amortization 93,230. Early Retirement Program 757,607.

Schedule E IRS990ScheduleE

FieldValueIRS element (for citing)
Nondiscriminatory Policy StmtYes (1)NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures EtcYes (1)PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast MediaYes (1)PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp RecsYes (1)MaintainRacialCompRecsInd
Maintain Scholarships RecsYes (1)MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures EtcYes (1)MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All SolYes (1)MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts0DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy0DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty0DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs0DiscriminateRaceSchsInd
Discriminate Race Educ Plcy0DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts0DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog0DiscriminateRaceAthltProgInd
Discriminate Race Other Acty0DiscriminateRaceOtherActyInd
Government Financial Aid RcvdYes (1)GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd0GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550Yes (1)ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Schedule E, Part I, Line 3The organization publicized its racially nondiscriminatory policy on the homepage of its website at all times during its tax year in a manner reasonably expected to be noticed by visitors.
Schedule E, Part I, Line 6Biola University serves as a conduit to receive and disburse student aid funds from governmental agencies such as the Department of Education and Department of Health and Human Services under the following programs: Federal Academic Competitiveness Grant Program, Federal Pell Award Grant Program, Federal Perkins Loan Program, Federal National Smart Grant Program, Federal Nursing Student Loan Program, Federal Supplemental Educational Opportunity Grant, Federal Work Study and Higher Education Emergency Relief Fund (HEERF).

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (8 entries)

RegionRegionTxtOfficesOfficesCntEmployeeEmployeeCntType Of Activities ConductedTypeOfActivitiesConductedTxtRegion Total ExpendituresRegionTotalExpendituresAmtSpecific Services ProvidedSpecificServicesProvidedTxt
Central America and the Caribbean00Investments$27,513,965
Europe013Program services$147,943Study Abroad; Student Recruitment
Middle East and North Africa02Program services$33,200Study Abroad
South America01Program services$14,000Study Abroad
North America03Program services$26,710Study Abroad
Sub-Saharan Africa01Program services$4,419Student Recruitment
East Asia and the Pacific03Program services$5,930Student Recruitment; Marketing
Russia and Neighboring States10Program services$56,150Extension site
FieldValueIRS element (for citing)
Subtotal Offices1SubtotalOfficesCnt
Subtotal Employees23SubtotalEmployeesCnt
Continuation Total Office0ContinuationTotalOfficeCnt
Continuation Total Employee0ContinuationTotalEmployeeCnt
Total Office1TotalOfficeCnt
Total Employee23TotalEmployeeCnt
Subtotal Spent$27,802,317SubtotalSpentAmt
Continuation Spent$0ContinuationSpentAmt
Total Spent$27,802,317TotalSpentAmt
Transfer To Foreign CorpYes (1)TransferToForeignCorpInd
Interest In Foreign Trust0InterestInForeignTrustInd
Foreign Corp OwnershipYes (1)ForeignCorpOwnershipInd
Passive Foreign Investmest CoYes (1)PassiveForeignInvestmestCoInd
Foreign PartnershipYes (1)ForeignPartnershipInd
Boycott Countries0BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, line 3:The University accounts for foreign expenditures using the accrual method of accounting.
Part III Accounting Method:
Part IV Line 3The organization has analyzed its ownership in the foreign corporation and has determined that it does not meet the reporting requirements for Form 5471.
Part IV Line 4The organization has analyzed its ownership in the passive foreign investment company and has determined that it does not meet the reporting requirements for Form 8621.

Schedule G IRS990ScheduleG

FieldValueIRS element (for citing)
Mail SolicitationsYes (X)MailSolicitationsInd
Email SolicitationsYes (X)EmailSolicitationsInd
Phone SolicitationsYes (X)PhoneSolicitationsInd
In Person SolicitationsYes (X)InPersonSolicitationsInd
Solicitation Of Non Govt GrantsYes (X)SolicitationOfNonGovtGrantsInd
Solicitation Of Govt GrantsYes (X)SolicitationOfGovtGrantsInd
Special Fundraising EventsYes (X)SpecialFundraisingEventsInd
Agrmt Prof Fundraising ActyYes (1)AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdActivityActivityTxtFundraiser Control Of FundsFundraiserControlOfFundsIndGross ReceiptsGrossReceiptsAmtRetained By ContractorRetainedByContractorAmtNet To OrganizationNetToOrganizationAmt
The Giving Crowd
15707 Coit Rd Suite C PMB 166DallasTX75248Fundraising0$0$87,000-$87,000
Bentz Whaley Flessner and Associate
7900 Xerxes Avenue South Suite 980MinneapolisMN55431Fundraising Strategy0$0$28,737-$28,737
EAB
PO Box 603519CharlotteNC28260Fundraising0$0$117,553-$117,553
FieldValueIRS element (for citing)
Total Retained By Contractors$233,290TotalRetainedByContractorsAmt
Total Net To Organization-$233,290TotalNetToOrganizationAmt
Licensed StatesCALicensedStatesCd
Licensed StatesWALicensedStatesCd
Licensed StatesORLicensedStatesCd
Licensed StatesAKLicensedStatesCd
Licensed StatesCOLicensedStatesCd
Licensed StatesDCLicensedStatesCd
Licensed StatesMDLicensedStatesCd
Licensed StatesMALicensedStatesCd
Licensed StatesMILicensedStatesCd
Licensed StatesMOLicensedStatesCd
Licensed StatesOHLicensedStatesCd
Licensed StatesSCLicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1Vision SummitEvent1Nm
Gross Receipts Event1$10,025,000GrossReceiptsEvent1Amt
Charitable Contri Event1$10,025,000CharitableContriEvent1Amt
Rent Facility Costs Event1$349,896RentFacilityCostsEvent1Amt
Food And Beverage Event1$1,042FoodAndBeverageEvent1Amt
Entertainment Event1$43,520EntertainmentEvent1Amt
Other Direct Expenses Event1$217,603OtherDirectExpensesEvent1Amt
Gross Receipts Total$10,025,000GrossReceiptsTotalAmt
Charitable Contributions Tot$10,025,000CharitableContributionsTotAmt
Rent Fclty Costs Total Events$349,896RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$1,042FoodAndBeverageTotalEventsAmt
Entertainment Total Events$43,520EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$217,603OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$612,061DirectExpenseSummaryEventsAmt
Net Income Summary-$612,061NetIncomeSummaryAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2b, column (iv)FormAndLineReferenceDesc
ExplanationThe Giving Crowd primarily helps individuals with estate planning. This company connects individuals with universities, like Biola, to assist them incorporating donations to the university in their estate plans. The Giving Crowd typically does not generate current gifts, rather the university benefits long term as trusts and wills mature. Bentz Whaley Flessner and Associate assists the University in the development of fundraising strategy. No gross receipts were directly generated from the services provided. EAB Advancement Services assists Universities, like Biola, in data-driven, strategy and fundraising execution for annual funds. EAB's fundraising efforts generate current gifts.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeStudent ScholarshipsGrantTypeTxt
Recipient4542RecipientCnt
Cash Grant$67,617,341CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 2:FormAndLineReferenceDesc
ExplanationBiola University awards both merit and need-based scholarships to students at the graduate and undergraduate levels. Merit awards are based on elibility criteria such as academic, athletic, and music abilities. These typically have academic or participation requirements for renewal. Continued eligibility based on stated requirements is monitored by the Financial Aid office or by the office that makes the awards. Need-based awards are typically awarded based on specific formulas that are based on an institutional or federal cost amount combined with the federal EFC determined by the FAFSA. Continued eligibility is normally contingent on ongoing need in subsequent years. Most of the grants and scholarships awarded by Biola are funded from general funds; however, a portion are funded from restricted funds that have been provided by donors, and are awarded based on the eligibility criteria established by the donors. Some of these funds are awarded by various campus departments, and some through an application process administered by the Financial Aid Office. The Financial Aid Office works closely with accounting and finance offices to monitor availability of funds from both the general fund and restricted fund accounts.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Travel For CompanionsYes (X)TravelForCompanionsInd
Idemnification Gross Up PmtsYes (X)IdemnificationGrossUpPmtsInd
Housing Allowance Or ResidenceYes (X)HousingAllowanceOrResidenceInd
Personal ServicesYes (X)PersonalServicesInd
Written Policy Ref T And E ExpnssYes (1)WrittenPolicyRefTAndEExpnssInd
Substantiation RequiredYes (1)SubstantiationRequiredInd
Compensation CommitteeYes (X)CompensationCommitteeInd
Compensation SurveyYes (X)CompensationSurveyInd
Board Or Committee ApprovalYes (X)BoardOrCommitteeApprovalInd
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (13 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
Barry Corey
President$508,535$0$0$0$54,354$0$5,026$0$37,049$0$604,964$0$0$0
Thomas Halleen
Dean, Cinema & Media Arts$303,260$0$0$0$25,552$0$3,093$0$22,432$0$354,337$0$0$0
Michael A Pierce
Secretary/EVP, Univ Ops & Finance$293,044$0$0$0$4,583$0$3,948$0$18,183$0$319,758$0$0$0
Lee Wilhite VP Enrollment
Marketing and Communications$207,198$0$0$0$6,349$0$2,762$0$100,205$0$316,514$0$0$0
Adam Morris VP Transformation
Chief Advancement Officer$269,030$0$0$0$1,032$0$3,629$0$25,236$0$298,927$0$0$0
Deborah Taylor
Provost and Senior Vice President$263,879$0$0$0$3,048$0$3,479$0$20,223$0$290,629$0$0$0
Christopher Grace
Director, Center for Marriage$234,782$0$0$0$1,137$0$2,372$0$19,733$0$258,024$0$0$0
Paula Victor
General Counsel$231,490$0$0$0$1,517$0$2,976$0$1,216$0$237,199$0$0$0
Andre Stephens
VP, Student Development$213,028$0$0$0$484$0$2,666$0$19,213$0$235,391$0$0$0
Clark Campbell Sr Associate
Provost, Academic Affairs$210,403$0$0$0$2,661$0$2,758$0$10,153$0$225,975$0$0$0
Scott Rae Sr Advisor to the
President for University Mission$205,220$0$0$0$109$0$2,488$0$3,139$0$210,956$0$0$0
Brian Phillips
Asst Secretary$158,588$0$0$0$334$0$2,115$0$18,841$0$179,878$0$0$0
William Hummel
Asst Secretary$154,081$0$0$0$1,106$0$2,058$0$15,889$0$173,134$0$0$0

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePart I, Line 1aFormAndLineReferenceDesc
ExplanationTravel for Companions: Spouses of listed persons occasionally travel on business trips where there is a University interest in their participation in University activities. Where a bona fide purpose is absent, the travel costs are reported as taxable compensation. Tax Indemnification and Gross-Up Payments: On occasion, the President is reimbursed for house-cleaning services in conjunction with University events held in his personal residence when the President and his wife are on University business. This reimbursement is treated as taxable compensation to the President and appears on the President's W-2. The amounts paid are grossed up to provide for taxes incurred on these payments. Housing Allowance or Residence for Personal Use: Per direction from the Board of Trustees and in accordance with IRC Section 107, the University designated a portion of the President's compensation as a minister's housing allowance which is included in taxable compensation. In Biola's interpretation of IRC Section 107, the University will assist employees who are both ordained ministers and in biblical studies or pastoral positions, in claiming the ministerial housing allowance. The employee, alone, bears the risk of the ministerial housing allowance being disallowed, and for the payment of any associated penalties should there be any adverse future ruling by the IRS or the California Franchise Tax Board. All other employees, even if an ordained minister, will not be given the appropriate resolution needed for filing the ministerial housing allowance. Personal Services: On occasion, the President is reimbursed for expenses when the President and his wife are on University business. The personal services include anything needed to attend meetings, gatherings, or conferences. This reimbursement is treated as taxable compensation to the President and appears on the President's W-2. The amounts paid are grossed up to provide for taxes incurred on these payments.ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (2 entries)

Bond ReferenceBondReferenceCdBond Issuer EINBondIssuerEINCUSIPCUSIPNumBond IssuedBondIssuedDtIssue PriceIssuePriceAmtPurposePurposeDescDefeasedDefeasedIndOn Behalf Of IssuerOnBehalfOfIssuerIndPool FinancingPoolFinancingInd
CA Municipal Finance Authority
A20156346613048TPZO2013-04-25$40,189,220Construction of building and parking structure000
CA Municipal Finance Authority
B20156346613048TX322017-04-18$83,419,995Advance refunding and defeasance of 2008 bonds000

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (2 entries)

Bond ReferenceBondReferenceCdRetiredRetiredAmtTotal ProceedsTotalProceedsAmtCapitalized InterestCapitalizedInterestAmtIssuance Costs From ProceedsIssuanceCostsFromProceedsAmtCapital ExpendituresCapitalExpendituresAmtSubstantial CompletionSubstantialCompletionYrRefunding Tax Exempt BondsRefundingTaxExemptBondsIndRefunding Taxable BondsRefundingTaxableBondsIndFinal Allocation MadeFinalAllocationMadeIndAdequate Books And Rec MaintAdequateBooksAndRecMaintIndOther Spent ProceedsOtherSpentProceedsAmt
A$3,405,000$40,261,783$3,693,060$488,400$36,080,323201700Yes (1)Yes (1)
B$6,390,000$83,419,995$843,37120170Yes (1)Yes (1)Yes (1)$82,576,624

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (2 entries)

Bond ReferenceBondReferenceCdOwning Bond Financed PropertyOwningBondFinancedPropertyIndAny Lease ArrangementsAnyLeaseArrangementsIndMgmt Contract Bond Fincd PropMgmtContractBondFincdPropIndAny Research AgreementsAnyResearchAgreementsIndPrivate Bus Use By OthersPrivateBusUseByOthersPctPrivate Bus Concerning UBIPrivateBusConcerningUBIPctTotal Private Business UseTotalPrivateBusinessUsePctBond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestIndChange In Use Bond Financed PropChangeInUseBondFinancedPropIndProcs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A0Yes (1)000.000000.003300.0033000Yes (1)
B0Yes (1)000.000000.005600.0056000Yes (1)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (2 entries)

Bond ReferenceBondReferenceCdForm8038 T FiledForm8038TFiledIndRebate Not Due YetRebateNotDueYetIndException To RebateExceptionToRebateIndNo Rebate DueNoRebateDueIndVariable Rate IssueVariableRateIssueIndHedge Identified In Bks And RecHedgeIdentifiedInBksAndRecIndGross Proceeds Invested In GICGrossProceedsInvestedInGICIndGross Proceeds InvestedGrossProceedsInvestedIndWritten Proc To Monitor ReqsWrittenProcToMonitorReqsInd
A000Yes (1)0000Yes (1)
B000Yes (1)0000Yes (1)

Procedures Corrective Action ProceduresCorrectiveActionGrp (2 entries)

Bond ReferenceBondReferenceCdProcedures Corrective ActionProceduresCorrectiveActionInd
AYes (1)
BYes (1)

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Date Rebate Computation PerformedIssuer Name: CA Municipal Finance Authority Date the Rebate Computation was Performed: 05/07/2018 Issuer Name: CA Municipal Finance Authority Date the Rebate Computation was Performed: 05/11/2022
Schedule K Supplental InformationPart I, Line 3, Bond A: The difference between the total proceeds of the bond issue and the issue price is due to investment earnings.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (2 entries)

Relationship With OrgRelationshipWithOrgTxtLoan PurposeLoanPurposeTxtLoan From OrganizationLoanFromOrganizationIndOriginal PrincipalOriginalPrincipalAmtBalance DueBalanceDueAmtDefaultDefaultIndBoard Or Committee ApprovalBoardOrCommitteeApprovalIndWritten AgreementWrittenAgreementInd
Barry Corey
OfficerHousing AssistanceYes (X)$1,097,656$511,7170Yes (1)Yes (1)
Lee Wilhite
OfficerHousing AssistanceYes (X)$50,000$16,6710Yes (1)Yes (1)
FieldValueIRS element (for citing)
Total Balance Due$528,388TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Campus Loft Company IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Relationship DescriptionEntity more than 35% owned by Adam Morris VP, Transformation, CAORelationshipDescriptionTxt
Transaction$126,217TransactionAmt
TransactionEquipment purchaseTransactionDesc
Sharing Of Revenues0SharingOfRevenuesInd

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution29ContributionCnt
Noncash Contributions Rpt F990$47,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket ValueMethodOfDeterminingRevenuesTxt

Books And Publications BooksAndPublicationsGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Noncash Contributions Rpt F990$1,231NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket ValueMethodOfDeterminingRevenuesTxt

Cars And Other Vehicles CarsAndOtherVehiclesGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$665NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket ValueMethodOfDeterminingRevenuesTxt

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution11381ContributionCnt
Noncash Contributions Rpt F990$2,910,567NoncashContributionsRptF990Amt
Method Of Determining RevenuesMarket ValueMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (3 entries)

Non Cash CheckboxNonCashCheckboxIndDescDescContributionContributionCntNoncash Contributions Rpt F990NoncashContributionsRptF990AmtMethod Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)Equipment904$60,984Market value
Yes (X)Alcohol wipes11088$23,251Market value
Yes (X)Other1$3,500Market value
FieldValueIRS element (for citing)
Form8283 Received0Form8283ReceivedCnt
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties UsedYes (1)ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Part I, Column (b):The number of contributions represent the number of contributions received, not the number of items donated.
Part I, Line 32b:Biola contracts with Cars2Charities to receive and sell vehicle donations.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Form 990, Part VI, Section A, line 1aExecutive 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 11bThe 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 12cThe 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 15Line 15a: The independent board of trustees and the compensation committee 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 17, 2021 for FY 2021-2022. 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 19While 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.
Form 990, Part IX, line 11gContract labor: Program service expenses 251,550. Management and general expenses 4,560,490. Fundraising expenses 0. Total expenses 4,812,040. Prof services: Program service expenses 217,200. Management and general expenses 7,873,944. Fundraising expenses 0. Total expenses 8,091,144. Cafeteria Meals/Svc Fees: Program service expenses 9,205,312. Management and general expenses 3,200,341. Fundraising expenses 0. Total expenses 12,405,653.
Form 990, Part XI, line 9:Change in value of split interest agreements -832,991.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1Brite Eagle Holdings IncBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1525 University Ave Suite 800AddressLine1Txt
CityPalo AltoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94301ZIPCd
FieldValueIRS element (for citing)
EIN844106640EIN
Primary ActivitiesHolding companyPrimaryActivitiesTxt
Legal Domicile StateCALegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$500EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1Biola UniversityBusinessNameLine1Txt

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (3 entries)

Primary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdBusiness Name Line1DirectControllingEntityName/BusinessNameLine1TxtControlled OrganizationControlledOrganizationInd
Charitable Remainder Unitrusts (30)
Personal EstateCABiola University IncYes (1)
Living Trust (4)
Living TrustCABiola University IncYes (1)
Charitable Remainder Annuity Trust (3)
Personal EstateCABiola University IncYes (1)
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd