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
83 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
46 people listed on the 990; $4.1M 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 II2 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 Science, Technology, & Health
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…
Student Services
Student 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.
Auxiliary Services
Auxiliary 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.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2024 990, line by line.
Download 990
| Line | Start FY24 | End FY24 |
|---|---|---|
| Cash and savingsLn 1–2 | $17.1M | $10.6M |
| InvestmentsLn 11–13 | $174.1M | $230.7M |
| Land, buildings, equipmentLn 10c | $243.4M | $247.3M |
| Total assetsLn 16 | $456.7M | $522.4M |
| LiabilitiesLn 26 | $135.9M | $147.4M |
| Net assetsLn 32 | $320.8M | $375.1M |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic individualsLn 2 | $74.4M | $74.4M | ||
| Pay of current officers, directors and key staffLn 5 | $2.9M | $2.9M | ||
| Pay of disqualified personsLn 6 | $130K | $49K | $81K | |
| Other salaries and wagesLn 7 | $85.7M | $61.9M | $21.8M | $2.0M |
| Pension plan contributionsLn 8 | $2.6M | $1.9M | $585K | $62K |
| Other employee benefitsLn 9 | $13.7M | $9.9M | $3.4M | $321K |
| Payroll taxesLn 10 | $6.4M | $4.6M | $1.6M | $147K |
| Legal feesLn 11b | $124K | $124K | ||
| Accounting feesLn 11c | $147K | $147K | ||
| Professional fundraising feesLn 11e | $286K | $286K | ||
| Investment management feesLn 11f | $577K | $577K | ||
| Other fees for servicesLn 11g | $16.3M | $9.2M | $7.1M | $300 |
| Advertising and promotionLn 12 | $2.9M | $248K | $2.6M | $27K |
| Office expensesLn 13 | $923K | $684K | $218K | $22K |
| Information technologyLn 14 | $3.7M | $798K | $2.8M | $88K |
| OccupancyLn 16 | $3.1M | $175K | $2.8M | $57K |
| TravelLn 17 | $2.8M | $2.0M | $712K | $47K |
| Conferences, conventions and meetingsLn 19 | $254K | $154K | $94K | $6K |
| InterestLn 20 | $3.6M | $3.4M | $187K | $16K |
| Depreciation, depletion and amortizationLn 22 | $11.8M | $10.7M | $1.1M | $83K |
| InsuranceLn 23 | $1.4M | $88K | $1.3M | |
| Other expenses (24a–d)Ln 24 | $2.4M | $13.7M | −$11.4M | $95K |
| All other expensesLn 24e | $5.9M | $7.4M | −$1.6M | $72K |
| Total functional expensesLn 25 | $241.8M | $201.4M | $37.2M | $3.3M |
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 Viewing | $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 | $260.7M | $227.7M | $32.9M | $317.4M | 990 PDF |
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Schedules filed Part IV
See the full FY2024 990 (6 parts)
Part I · Summary $250,177,314 revenue, 12 lines filed
Part VI · Governance 25 of 26 board members independent, no flags
Part VIII · Statement of revenue $250,177,314 across 11 lines filed
Part IX · Statement of functional expenses $241,846,104 across 23 lines filed
Part X · Balance sheet $522,436,369 assets, 22 lines filed
Part XI · Reconciliation of net assets $375,066,097 net assets at year end
Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File
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