Biola University

Nonprofit profile at a glance

EIN
950549600
IRS 990 coverage
2009–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-T 2024
Location
La Mirada, California, United States
Phone
562-903-6000
Rating
80
Verdict
STRONG
Rating confidence
Moderate
Sector
University or Technological Institute
Affiliation
Christianity

Official website

Reported finances

Revenue
$257,536,275
Expenses
$242,379,815
Assets
$543,671,838
Liabilities
$141,758,085

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

41 people listed

Executive titles in this filing

  • BARRY COREY (PRESIDENT)
  • MATTHEW HALL (PROVOST AND SENIOR VICE PRESIDENT)

Highest reported compensation

  • BARRY COREY (PRESIDENT): $649,271 total reported compensation
  • THOMAS HALLEEN (DEAN, CINEMA & MEDIA ARTS): $381,694 total reported compensation
  • MICHAEL PIERCE FORMER (SECRETARY/EVP, UNIV OPS & FINANCE): $374,649 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Biola University is a private Christian university in La Mirada, California, offering undergraduate, graduate, and professional programs across more than 150 areas of study. Rooted in a biblical worldview, Biola integrates faith and learning across its eight schools, including Talbot School of Theology, Crowell School of Business, and the Snyder School of Cinema & Media Arts. The university serves a diverse student body through on-campus, online, and hybrid formats, emphasizing spiritual formation, academic excellence, and vocational preparation.

What it reported doing in 2024

Snyder school of cinema & media arts: 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. The school of cinema & media arts is ranked by variety as one of the 27 best film programs in the world and is ranked as the #1 christian film school. They offer three 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 minor in media studies.as of fall 2024, the snyder school of cinema & media arts' enrollment is 436 undergraduate students.school of humanities & social science: 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 6 bachelor's degrees along with 10 minor 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.as of fall 2024, the school of humanities & social science's enrollment is 263 undergraduate students. School of fine arts & communication: 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 11 bachelor's degree programs and 9 minors. Degrees available include b.f.a. In studio art, b.s. In design, b.a. In music, b.a. In communication.as of fall 2024, the school of fine arts & communication's enrollment is 383 undergraduate students and 2 masters students. School of education: the 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, as well as k12 as well as homeschool education through our eight-week clinic courses for grades 1 through 6. The school of education offers three bachelor's program degrees, five masters program degrees, nine certificate/credential programs, and six minors. Degrees available include b.a. In early childhood, b.a. In liberal studies (multidisciplinary), and m.a. In education.as of fall 2024, the school of education's enrollment is 167 undergraduate students and 216 masters students.rosemead school of psychology: rosemead 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 of which is an online bachelor's degree program, and two doctoral degree programs. Degrees available include b.a. In psychology and ph.d. And psy.d. In clinical psychology.as of fall 2024, the rosemead school of psychology's enrollment is 322 undergraduate students and 117 doctoral students.research: research includes various grants that biola university has secured from third part

Operating model

Revenue model
Other-operating. 88% of the money available for current operations came from other operating revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 62% for direct work, and 38% for grants.
  • Includes noncash contributions: Reported contributions include donated property or goods.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. The filing reports few safeguards for money sent abroad and fundraising costs are high for each dollar raised.

Rating breakdown

  • Financial Efficiency: 80
  • Transparency & Controls: 71
  • Accountability: 93
  • Sustainability: 62
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 85.8%; rating input score 86
  • Program expense ratio: 85.1%; rating input score 85
  • Fundraising efficiency: $7.39 raised per $1 spent on fundraising; rating input score 33; 33rd percentile among comparable filings

Transparency & Controls

  • Consistency checks: 94.7%; rating input score 95; 33rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Scored; rating input score 0
  • Grant itemization coverage: 100%; rating input score 100; 77th percentile among comparable filings
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 96.2%; rating input score 96; 50th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Fail
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 5.9%; rating input score 60; 60th percentile among comparable filings
  • Total-asset coverage ratio: 2.24; rating input score 67; 67th percentile among comparable filings
  • Liabilities to assets ratio: 0.26; rating input score 60; 60th percentile among comparable filings
  • Officer compensation ratio: 1.7%; rating input score 61; 61st percentile among comparable filings

Growth

  • Program expense growth: 2.8% per year; rating input score 100; 20th percentile among comparable filings
  • Revenue growth: 2.5% per year; rating input score 100; 18th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 23rd percentile among comparable filings

Details

  • What they do: 6 programs and campaigns described on the official site · 2 operating locations identified
  • Where the money goes: 85.8% of revenue deployed · 85.1% of spending went to programs
  • Governance: 25 of 26 board members independent · 8 of 9 filing controls reported
  • Programs: 6 filed program accomplishments · $206.4M in reported program spending
  • Leadership: top reported pay $649K · 41 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $16.8M reported
  • Consistency: 42 of 43 current checks pass · 1 finding to review
  • Schedules: 14 filed schedules · includes major donors, foreign activity, grants, and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 19 filed money-flow records
  • Related organizations: 1 filed related-organization link
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Foreign activity oversight scored 0/100.
  • Moderate — Financial Efficiency: Fundraising efficiency scored 33/100.
  • Review — Accountability: Governance controls: Form 990 shared with the board not reported.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.