Operating record

Biola University Inc

La Mirada, CA · EIN 95-0549600 · files full Form 990 · latest public year 2023

YearMoney inMoney outResultReserve mo.Staffing
2020$260,665,144$227,738,038$32,927,10616.737%
2021$217,190,577$225,365,038−$8,174,46118.535%
2022$249,357,478$242,679,337$6,678,14116.035%
2023$223,677,013$236,112,678−$12,435,66516.337%

In its most recent public year (2023), this organization spent $12,435,665 more than it brought in. Its reserves stood at about 16.3 months of spending. Staff pay was 37% of spending. $116,830,623 of its net assets are donor-restricted.

Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings ↗