TOTAL REV $5.72M
TOTAL EXP $5.53M
NET $190.3K

Investment Profile · FY 2019

Concordia University-Ann Arbor

Ann Arbor, Michigan · NAIA Division II · Private nonprofit, 4-year or above · Enrollment 864

ZIP 48105 · IPEDS unitid 169363

Revenue Percentile (Division)
73th

Key Financial Metrics · 2019

Total Revenue
$5.72M

Total Expenses
$5.53M

Net Result
$190.3K

Unique Athletes
179

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 61.9%Women’s programs 38.1%

$3.54M
$2.18M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 265 (44.2%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$1.42M

Basketball

$744.4K

Soccer

$624.1K

Baseball

$461.9K

Lacrosse

$445.8K

Ice Hockey

$411.1K

Softball

$315.8K

Volleyball

$293.1K

Track and Field, Outdoor

$250.6K

Bowling

$177.6K

Expense by sport

Football

$1.38M

Basketball

$693.4K

Soccer

$615.8K

Baseball

$454K

Lacrosse

$436.5K

Ice Hockey

$407.8K

Softball

$298.8K

Volleyball

$276.9K

Track and Field, Outdoor

$245.6K

Bowling

$175.2K

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Football 7 140 0 $1.42M $1.38M $40.2K
Basketball 2 25 24 $744.4K $693.4K $51K
Soccer 15 35 27 $624.1K $615.8K $8.3K
Baseball 1 50 0 $461.9K $454K $7.9K
Lacrosse 11 27 23 $445.8K $436.5K $9.3K
Ice Hockey 10 21 11 $411.1K $407.8K $3.4K
Softball 16 0 30 $315.8K $298.8K $17K
Volleyball 26 0 20 $293.1K $276.9K $16.2K
Track and Field, Outdoor 24 28 23 $250.6K $245.6K $5K
Bowling 33 8 12 $177.6K $175.2K $2.4K
Track and Field, X-Country 25 5 10 $161.6K $156.8K $4.8K
Track and Field, Indoor 23 15 15 $149K $144K $5K
Golf 8 9 6 $129.8K $119.8K $9.9K
Other Sports 29 0 11 2 / 28 $76.7K $66.7K $9.9K
Tennis 22 9 7 $60.4K $60.4K $-9

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$32K

Athletes Tracked
179

Top Sport Share
Football · 24.8%

Program Count
15

Unique men
140

Unique women
39

Per-sport slots
591

Multi-sport coeff
3.30x

Coed men
2

Coed women
28

The program has 179 unique athletes filling 591 sport roster slots — a 3.30x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division II
Sector
Private nonprofit, 4-year or above
Total Enrollment
864
Revenue Tier
Above-median (73th pct.)
Peers in Division
124 schools
Peers in Michigan
58 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Saint Xavier University IL $5.71M $0 $-9.3K
Hastings College NE $5.77M $0 $44.6K
Ave Maria University FL $5.6M $260.2K $-120.2K
Madonna University MI $5.6M $72.6K $-128.1K
Morningside College IA $5.88M $104.2K $157K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $6.6K Athletic revenue per enrolled student
Expense Ratio 96.7% Expenses as % of revenue
Top Sport Share 24.8% Revenue concentration in top program
Division Percentile 73th Revenue rank within NAIA Division II

Source: U.S. Department of Education — Equity in Athletics Data Analysis (EADA). Fiscal year 2019. Last updated April 18, 2026.