Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Feb 1946.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
85 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
40 people listed on the 990; $3.7M paid to officers and key staff.
Barry Corey’s $607K as President is at the 52nd percentile of top reported officer pay among 674 $100M+ education nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 8 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Barry Corey | $607,094 | $643,382 | $584,175 | $562,889 | $580,691 | $598,030 |
| Thomas Halleen | $349,620 | $348,995 | $344,566 | $328,812 | $296,785 | — |
| Michael Pierce | — | $345,283 | — | — | — | — |
| Michael Pierce Former | $336,941 | — | — | — | — | — |
| Matthew Hall | $332,901 | $326,939 | $292,163 | — | — | — |
| Michael a Pierce | — | — | $316,107 | $297,627 | $293,588 | $291,509 |
| David Shynn | — | $280,630 | $176,930 | — | — | — |
| Deborah Taylor Former Provost | — | — | $280,489 | — | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
- Loans to or from officersSch L · Pt II4 listed
Programs and updates
Provides biblically-centered higher education, academic scholarship, and community service, supported by comprehensive on-campus residential, dining, and auxiliary services.
Questions for Biola University INC
Your first name shows with your question. Biola University INC answers here, for everyone.
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School of Arts & SciencesThe School of Arts & Sciences consists of four schools: School of Cinema & Media Arts; School of Fine Arts & Communication; School of Humanities & Social Sciences; and School of Science, Technology, and Health.The School of Cinema & Media Arts focuses on equipping students to serve as an observer, interpreter…
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.
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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2020 990, line by line.
Download 990
| Line | Start FY20 | End FY20 |
|---|---|---|
| Cash and savingsLn 1–2 | $21.3M | $43.5M |
| InvestmentsLn 11–13 | $188.7M | $197.5M |
| Land, buildings, equipmentLn 10c | $234.9M | $237.2M |
| Total assetsLn 16 | $469.8M | $488.7M |
| LiabilitiesLn 26 | $157.9M | $171.3M |
| Net assetsLn 32 | $311.9M | $317.4M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $65.8M | $65.8M | ||
| Pay of current officers, directors and key staffLn 5 | $2.8M | $2.8M | ||
| Pay of disqualified personsLn 6 | $223K | $223K | ||
| Other salaries and wagesLn 7 | $82.4M | $60.7M | $20.0M | $1.7M |
| Pension plan contributionsLn 8 | $4.3M | $3.1M | $1.1M | $73K |
| Other employee benefitsLn 9 | $15.2M | $11.1M | $3.9M | $261K |
| Payroll taxesLn 10 | $5.9M | $4.2M | $1.6M | $100K |
| Legal feesLn 11b | $48K | $161 | $48K | |
| Accounting feesLn 11c | $147K | $147K | ||
| Professional fundraising feesLn 11e | $136K | $136K | ||
| Investment management feesLn 11f | $570K | $570K | ||
| Other fees for servicesLn 11g | $14.6M | $9.1M | $5.5M | $1K |
| Advertising and promotionLn 12 | $2.5M | $344K | $2.1M | $86K |
| Office expensesLn 13 | $1.2M | $831K | $326K | $72K |
| Information technologyLn 14 | $2.7M | $641K | $2.1M | $17K |
| OccupancyLn 16 | $3.2M | $1.5M | $1.7M | $60 |
| TravelLn 17 | $2.1M | $1.7M | $310K | $55K |
| Conferences, conventions and meetingsLn 19 | $286K | $149K | $125K | $12K |
| InterestLn 20 | $4.1M | $3.9M | $138K | $10K |
| Depreciation, depletion and amortizationLn 22 | $11.8M | $10.6M | $1.2M | $80K |
| InsuranceLn 23 | $901K | $179K | $722K | |
| Other expenses (24a–d)Ln 24 | $2.5M | $14.3M | −$12.0M | $96K |
| All other expensesLn 24e | $4.2M | $4.2M | $5K | $64K |
| Total functional expensesLn 25 | $227.7M | $192.5M | $32.5M | $2.7M |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2025 Latest | $257.5M | $242.4M | $15.2M | $401.9M | 990 PDF |
| FY2024 | $250.2M | $241.8M | $8.3M | $375.1M | 990 PDF |
| FY2023 | $223.7M | $236.1M | −$12.4M | $320.8M | 990 PDF |
| FY2022 | $249.4M | $242.7M | $6.7M | $323.2M | 990 PDF |
| FY2021 | $217.2M | $225.4M | −$8.2M | $348.1M | 990 PDF |
| FY2020 Viewing | $260.7M | $227.7M | $32.9M | $317.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2020 990 (6 parts)
Part I · Summary $260,665,144 revenue, 12 lines filed
Part VI · Governance 21 of 26 board members independent, 1 to look at
Part VIII · Statement of revenue $260,665,144 across 13 lines filed
Part IX · Statement of functional expenses $227,738,038 across 23 lines filed
Part X · Balance sheet $488,716,476 assets, 22 lines filed
Part XI · Reconciliation of net assets $317,381,561 net assets at year end
Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File
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