Form 990 for tax year 2022

Filed by BIOLA UNIVERSITY INC.

Totals

Total revenue: $223,677,013
Total expenses: $236,112,678
Contributions and grants received: $28,082,531
Grants paid: $70,073,431
Program service revenue: $190,663,985
Investment income: $3,879,616
Other revenue: $1,050,881
Total assets, end of year: $456,742,798
Total liabilities, end of year: $135,925,564
Net assets or fund balances, end of year: $320,817,234
Program services expenses (Part IX): $199,104,481
Management and general expenses: $34,221,393
Fundraising expenses: $2,786,804
Program service expenses (Part III): $199,104,481

Program services were 84.3% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

1e · Government grants (contributions)

$1,888,720
1f · All other contributions, gifts and grants

$26,193,811
1g · Noncash contributions included above

$784,611
2a · Program service revenue: Tuition and fees

total $160,757,065 · related or exempt $160,757,065
2b · Program service revenue: Aux service sales

total $27,039,157 · related or exempt $27,039,157
2c · Program service revenue: Public and student fee

total $2,223,085 · related or exempt $2,223,085
2f · All other program service revenue

total $644,678 · related or exempt $644,678
3 · Investment income

total $3,705,489 · excluded $3,705,489
5 · Royalties

total $86,919 · excluded $86,919
6a · Gross rents

real property $542,082
6b · Less rental expenses

real property $273,312
6c · Rental income or loss

real property $268,770
6d · Net rental income or loss

total $268,770 · excluded $268,770
7a · Gross sales of assets other than inventory

securities $60,350,696 · other assets $64,553
7b · Less cost or other basis and sales expenses

securities $60,241,122 · other assets $0
7c · Gain or loss

securities $109,574 · other assets $64,553
7d · Net gain or loss

total $174,127 · excluded $174,127
11a · Other revenue: Late fees/finance char

total $488,497 · excluded $488,497
11b · Other revenue: Sponsorships

total $1,950 · unrelated business $1,950
11d · All other revenue

total $204,745 · excluded $204,745
11e · Other revenue, total

$695,192

Functional expenses

Part IX, the statement of functional expenses.

2 · Grants to domestic individuals

total $70,073,431 · program services $70,073,431
5 · Compensation of officers, directors and key employees

total $3,073,366 · management and general $3,073,366
6 · Compensation of disqualified persons

total $375,925 · program services $41,089 · management and general $334,836
7 · Other salaries and wages

total $84,542,010 · program services $63,160,359 · management and general $19,820,710 · fundraising $1,560,941
8 · Pension plan contributions

total $2,577,345 · program services $1,945,538 · management and general $580,977 · fundraising $50,830
9 · Other employee benefits

total $12,867,591 · program services $9,310,913 · management and general $3,313,417 · fundraising $243,261
10 · Payroll taxes

total $6,173,091 · program services $4,463,986 · management and general $1,592,477 · fundraising $116,628
11b · Fees: legal

total $29,258 · management and general $29,258
11c · Fees: accounting

total $168,673 · management and general $168,673
11e · Fees: professional fundraising services

total $275,086 · fundraising $275,086
11f · Fees: investment management

total $511,176 · management and general $511,176
11g · Fees: other

total $16,165,232 · program services $8,578,531 · management and general $7,586,701
12 · Advertising and promotion

total $4,429,696 · program services $321,074 · management and general $4,099,670 · fundraising $8,952
13 · Office expenses

total $1,257,711 · program services $945,031 · management and general $276,705 · fundraising $35,975
14 · Information technology

total $3,797,191 · program services $768,571 · management and general $2,940,103 · fundraising $88,517
16 · Occupancy

total $4,556,713 · program services $1,598,647 · management and general $2,957,466 · fundraising $600
17 · Travel

total $2,210,256 · program services $1,872,041 · management and general $265,893 · fundraising $72,322
19 · Conferences, conventions and meetings

total $302,407 · program services $185,543 · management and general $90,659 · fundraising $26,205
20 · Interest

total $3,324,580 · program services $3,217,576 · management and general $98,406 · fundraising $8,598
22 · Depreciation, depletion and amortization

total $11,207,848 · program services $10,131,394 · management and general $997,630 · fundraising $78,824
23 · Insurance

total $1,382,515 · program services $166,938 · management and general $1,215,577
24a · Other expenses: Book & serials purchase

total $898,097 · program services $892,388 · management and general $2,251 · fundraising $3,458
24b · Other expenses: Equipment maintenance

total $742,694 · program services $257,826 · management and general $484,588 · fundraising $280
24c · Other expenses: Licenses and fees

total $420,984 · program services $260,487 · management and general $160,282 · fundraising $215
24d · Other expenses: Alloc of indirect cost

total $0 · program services $13,063,107 · management and general -$13,164,740 · fundraising $101,633
24e · All other expenses

total $4,749,802 · program services $7,850,011 · management and general -$3,214,688 · fundraising $114,479

Balance sheet

Part X, book values.

1 · Cash, non-interest-bearing

beginning of year $25,915,429 · end of year $7,236,799
2 · Savings and temporary cash investments

beginning of year $4,530,111 · end of year $9,905,228
3 · Pledges and grants receivable

beginning of year $12,996,120 · end of year $12,988,052
4 · Accounts receivable

beginning of year $3,073,421 · end of year $4,616,022
5 · Loans and receivables from officers and key people

beginning of year $528,388 · end of year $586,639
7 · Other notes and loans receivable

beginning of year $584,845 · end of year $678,918
8 · Inventories for sale or use

beginning of year $291,543 · end of year $323,639
9 · Prepaid expenses and deferred charges

beginning of year $1,772,021 · end of year $2,859,510
10a · Land, buildings and equipment: cost or other basis

$446,109,899
10b · Land, buildings and equipment: accumulated depreciation

$202,685,934
10c · Land, buildings and equipment, net

beginning of year $240,202,183 · end of year $243,423,965
11 · Investments: publicly traded securities

beginning of year $97,722,028 · end of year $91,524,602
12 · Investments: other securities

beginning of year $64,160,863 · end of year $69,453,806
13 · Investments: program-related

beginning of year $13,481,669 · end of year $13,134,355
15 · Other assets

beginning of year $11,263 · end of year $11,263
17 · Accounts payable and accrued expenses

beginning of year $15,466,491 · end of year $16,313,051
19 · Deferred revenue

beginning of year $8,729,036 · end of year $8,091,916
20 · Tax-exempt bond liabilities

beginning of year $109,430,123 · end of year $71,273,346
23 · Secured mortgages and notes payable

end of year $32,683,163
25 · Other liabilities

beginning of year $8,482,777 · end of year $7,564,088
27 · Net assets without donor restrictions

beginning of year $220,374,175 · end of year $203,986,611
28 · Net assets with donor restrictions

beginning of year $102,787,282 · end of year $116,830,623

Mission and programs · 2022

Mission

Biola 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.

Activities or mission (Part I)

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

School of Arts & SciencesThe School of Arts & Sciences consists of four schools: Snyder School of Cinema & Media Arts; School of Fine Arts & Communication; School of Humanities & Social Sciences; and School of Science, Technology, and Health.The Synder 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 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 2022, the School of Arts & Sciences' enrollment is 2,123 undergraduate students and 68 Masters students. 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.

Expenses $66,867,015 · Grants $38,517,079 · Revenue $82,425,185
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, 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 2022, the Talbot School of Theology's enrollment is 226 undergraduate students, 977 Masters students, and 220 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.

Expenses $32,042,103 · Grants $18,452,823 · Revenue $44,098,797
Auxiliary 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 Caf 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.

Expenses $27,142,495 · Revenue $27,039,157
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.

Expenses $26,266,074 · Revenue $1,399,464
Academic 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.

Expenses $14,402,453 · Revenue $165,613
School 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. Our wide selection of rigorous, biblically centered academic offerings - ranging from undergraduate and graduate programs to teaching credentials and certificates. The School of Education offers three Bachelor's program degrees, six 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 2022, the School of Education's enrollment is 177 undergraduate students and 236 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 two Bachelor 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 2022, the Crowell School of Business's enrollment is 477 undergraduate students and 118 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 online Bachelor's degree program, and two Doctoral degree programs. Degrees available include B.A. in Psychology and Ph.D. in Clinical Psychology.As of Fall 2022, the Rosemead School of Psychology's enrollment is 343 undergraduate students and 119 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. After 40 years of educating and mobilizing students for service around the world, the Cook School of Intercultural Studies will close at the end of the 2023-24 academic year and relocate most of its programs to Biola University's Talbot School of Theology starting Fall 2024. The Cook School of Intercultural Studies offers one Bachelor 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 2022, the Cook School of Intercultural Studies' enrollment is 42 undergraduate students, 34 Masters students, and 116 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 Biola Youth program and a counseling center for the community.

Expenses $32,384,341 · Grants $13,103,530 · Revenue $35,535,769

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

Barry Corey

President

Total calculated

$629,033

From this org

$584,175

From related orgs

$0

Other

$44,858

Hours/week

40

Schedule J breakdown matched by us

Base

$528,543

Bonus

$0

Other

$55,632

Deferred

$22,515

Nontaxable benefits

$23,049

Filer's total

$629,739
Michael Maples

Board Chair

Total calculated

$0

Hours/week

2
Bradley Cole

Vice Chair

Total calculated

$0

Hours/week

2
Rebecca Andrews

Trustee

Total calculated

$0

Hours/week

2
Monica Busch

Trustee

Total calculated

$0

Hours/week

2
Lynn Cohick

Trustee

Total calculated

$1,500

From this org

$1,500

From related orgs

$0

Other

$0

Hours/week

2
Adam Edgerly

Trustee

Total calculated

$0

Hours/week

2
David Gyertson

Trustee

Total calculated

$0

Hours/week

2
Dwight Hanger

Trustee

Total calculated

$0

Hours/week

2
Promod Haque

Trustee

Total calculated

$0

Hours/week

2
Carol Hawkins

Trustee

Total calculated

$0

Hours/week

2
Vincent Huang

Trustee

Total calculated

$0

Hours/week

2
Stanley Jantz

Trustee

Total calculated

$0

Hours/week

2
Allan Kavalich

Trustee

Total calculated

$0

Hours/week

2
David Kinnaman

Trustee

Total calculated

$24,382

From this org

$24,382

From related orgs

$0

Other

$0

Hours/week

2
Hannah Lee

Trustee

Total calculated

$28,042

From this org

$28,042

From related orgs

$0

Other

$0

Hours/week

2
Marilyn Long

Trustee

Total calculated

$0

Hours/week

2
Bryan Loritts

Trustee

Total calculated

$17,191

From this org

$17,191

From related orgs

$0

Other

$0

Hours/week

2
Wayne Lowell

Trustee

Total calculated

$0

Hours/week

2
Al Mijares

Trustee

Total calculated

$0

Hours/week

2
David Mitchell

Trustee

Total calculated

$0

Hours/week

2
Philip Paul

Trustee

Total calculated

$0

Hours/week

2
Bob Pritchett

Trustee

Total calculated

$0

Hours/week

2
Henry Riady

Trustee

Total calculated

$0

Hours/week

2
John Siefker

Trustee

Total calculated

$0

Hours/week

2
Kennith Thompson

Trustee

Total calculated

$0

Hours/week

2
Dean VandeKamp

Trustee

Total calculated

$0

Hours/week

2
Michael A Pierce

Secretary/EVP, Univ Ops & Finance

Total calculated

$349,386

From this org

$316,107

From related orgs

$0

Other

$33,279

Hours/week

40

Schedule J breakdown matched by us

Base

$315,075

Bonus

$0

Other

$1,032

Deferred

$15,358

Nontaxable benefits

$18,405

Filer's total

$349,870
Brian Phillips

Asst Secretary

Total calculated

$202,190

From this org

$174,175

From related orgs

$0

Other

$28,015

Hours/week

40

Schedule J breakdown matched by us

Base

$173,808

Bonus

$0

Other

$367

Deferred

$8,900

Nontaxable benefits

$19,525

Filer's total

$202,600
Paula Tkach

Asst Secretary/VP, Finance

Total calculated

$86,921

From this org

$78,296

From related orgs

$0

Other

$8,625

Hours/week

40
Matthew Hall

Provost and Senior Vice President

Total calculated

$309,751

From this org

$292,163

From related orgs

$0

Other

$17,588

Hours/week

40

Schedule J breakdown matched by us

Base

$152,076

Bonus

$0

Other

$140,087

Deferred

$7,104

Nontaxable benefits

$10,868

Filer's total

$310,135
Fitsum Mulat

VP, Enrollment Management

Total calculated

$136,962

From this org

$124,156

From related orgs

$0

Other

$12,806

Hours/week

40
David Shynn

VP, Transformation

Total calculated

$210,283

From this org

$176,930

From related orgs

$0

Other

$33,353

Hours/week

40

Schedule J breakdown matched by us

Base

$176,162

Bonus

$0

Other

$768

Deferred

$6,917

Nontaxable benefits

$26,857

Filer's total

$210,704
Heather Cordell

VP, Advancement

Total calculated

$188,858

From this org

$178,858

From related orgs

$0

Other

$10,000

Hours/week

40

Schedule J breakdown matched by us

Base

$178,288

Bonus

$0

Other

$570

Deferred

$8,563

Nontaxable benefits

$1,840

Filer's total

$189,261
William Hummel

Asst Secretary (part year)

Total calculated

$247,838

From this org

$229,554

From related orgs

$0

Other

$18,284

Hours/week

40

Schedule J breakdown matched by us

Base

$228,631

Bonus

$0

Other

$923

Deferred

$6,495

Nontaxable benefits

$12,124

Filer's total

$248,173
Lee Wilhite VP Enrollment

Marketing & Communication (part yr)

Total calculated

$311,675

From this org

$223,801

From related orgs

$0

Other

$87,874

Hours/week

40

Schedule J breakdown matched by us

Base

$217,434

Bonus

$0

Other

$6,367

Deferred

$11,268

Nontaxable benefits

$77,069

Filer's total

$312,138
Thomas Halleen

Dean, Cinema & Media Arts

Total calculated

$369,863

From this org

$344,566

From related orgs

$0

Other

$25,297

Hours/week

40

Schedule J breakdown matched by us

Base

$319,014

Bonus

$0

Other

$25,552

Deferred

$9,125

Nontaxable benefits

$16,655

Filer's total

$370,346
Paula Victor

General Counsel

Total calculated

$260,323

From this org

$247,242

From related orgs

$0

Other

$13,081

Hours/week

40

Schedule J breakdown matched by us

Base

$245,666

Bonus

$0

Other

$1,576

Deferred

$12,321

Nontaxable benefits

$1,243

Filer's total

$260,806
Douglas Daugherty

Dean, Rosemead School of Psychology

Total calculated

$231,454

From this org

$205,938

From related orgs

$0

Other

$25,516

Hours/week

40

Schedule J breakdown matched by us

Base

$198,712

Bonus

$0

Other

$7,226

Deferred

$10,043

Nontaxable benefits

$15,908

Filer's total

$231,889
Christopher Grace

Director, Center for Marriage

Total calculated

$303,943

From this org

$238,548

From related orgs

$0

Other

$65,395

Hours/week

40

Schedule J breakdown matched by us

Base

$237,368

Bonus

$0

Other

$1,180

Deferred

$9,678

Nontaxable benefits

$56,144

Filer's total

$304,370
Scott Rae Sr Advisor to the

President for University Mission

Total calculated

$229,591

From this org

$217,044

From related orgs

$0

Other

$12,547

Hours/week

40

Schedule J breakdown matched by us

Base

$216,907

Bonus

$0

Other

$137

Deferred

$9,722

Nontaxable benefits

$3,228

Filer's total

$229,994
Adam Morris VP Transformation

Chief Advancement Officer

Total calculated

$186,996

From this org

$168,861

From related orgs

$0

Other

$18,135

Hours/week

40

Schedule J breakdown matched by us

Base

$168,388

Bonus

$0

Other

$473

Deferred

$6,103

Nontaxable benefits

$12,350

Filer's total

$187,314
Andre Stephens

Former VP, Student Development

Total calculated

$141,298

From this org

$125,581

From related orgs

$0

Other

$15,717

Hours/week

40

Schedule J breakdown matched by us

Base

$125,311

Bonus

$0

Other

$270

Deferred

$5,478

Nontaxable benefits

$10,524

Filer's total

$141,583
Deborah Taylor Former Provost

Senior Vice President

Total calculated

$315,840

From this org

$280,489

From related orgs

$0

Other

$35,351

Hours/week

40

Schedule J breakdown matched by us

Base

$277,397

Bonus

$0

Other

$3,092

Deferred

$13,602

Nontaxable benefits

$22,233

Filer's total

$316,324

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

1a · Travel for companions
1a · Tax indemnification and gross-up payments
1a · Housing allowance or residence for personal use
1a · Personal services (maid, chauffeur, chef)
1b · Written policy on the line-1a expenses
2 · Substantiation required before reimbursing expenses
3 · Compensation committee
3 · Compensation survey or study
3 · Approval by the board or compensation committee

Answered no

4a · Severance or change-of-control payment
4b · Supplemental nonqualified retirement plan
4c · Equity-based compensation arrangement
5a · Pay contingent on this organization's revenues
5b · Pay contingent on a related organization's revenues
6a · Pay contingent on this organization's net earnings
6b · Pay contingent on a related organization's net earnings
7 · Other non-fixed payments
8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Part I, Line 1a: Travel for Companions: Spouses of listed persons occasionally travel on business trips where there is a University interestin 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.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Disregarded entities

Part I: entities that legally are the filer and file no return of their own.

Brite Eagle Holdings Inc

Holding company · CA · income $0 · assets $500

Directly controlled by Biola University

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

Charitable Remainder Unitrusts (29)

Personal Estate · CA · controlled entity

Directly controlled by Biola University Inc
Living Trust (1)

Living Trust · CA · controlled entity

Directly controlled by Biola University Inc
Charitable Remainder Annuity Trust (3)

Personal Estate · CA · controlled entity

Directly controlled by Biola University Inc

Provenance

Return type: form_990
Tax year: 2022
Filed: 9 May 2024
IRS schema version: 2022v5.0
Source object: 202441309349303809

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.