TOTAL REV $6.67M
TOTAL EXP $4.16M
NET $2.51M

Investment Profile · FY 2019

Friends University

Wichita, Kansas · NAIA Division II · Private nonprofit, 4-year or above · Enrollment 860

ZIP 67213 · IPEDS unitid 155089

Revenue Percentile (Division)
85th

Key Financial Metrics · 2019

Total Revenue
$6.67M

Total Expenses
$4.16M

Net Result
$2.51M

Unique Athletes
165

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 58.9%Women’s programs 41.1%

$3.93M
$2.74M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 165 (-16.1%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$1.53M

All Track Combined

$1.24M

Soccer

$1.08M

Basketball

$720.6K

Baseball

$648.3K

Volleyball

$594.3K

Tennis

$458K

Golf

$159.2K

Softball

$159.2K

Weight Lifting

$73.8K

Expense by sport

Football

$970K

All Track Combined

$637.1K

Soccer

$576.2K

Basketball

$647.4K

Baseball

$392K

Volleyball

$307.3K

Tennis

$144.6K

Golf

$63.5K

Softball

$318.8K

Weight Lifting

$100.8K

Sport-by-sport profile table

Sport Men Women Coed (M/W) Revenue Expense Net
Football 7 101 0 $1.53M $970K $563.9K
All Track Combined 3 68 64 $1.24M $637.1K $599.9K
Soccer 15 30 34 $1.08M $576.2K $504.9K
Basketball 2 30 27 $720.6K $647.4K $73.2K
Baseball 1 43 0 $648.3K $392K $256.3K
Volleyball 26 0 32 $594.3K $307.3K $287K
Tennis 22 14 13 $458K $144.6K $313.4K
Golf 8 0 6 $159.2K $63.5K $95.7K
Softball 16 0 28 $159.2K $318.8K $-159.7K
Weight Lifting 38 7 4 $73.8K $100.8K $-27K
Other Sports 29 0 0 1 / 13 $0 $0 $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$40.4K

Athletes Tracked
165

Top Sport Share
Football · 23%

Program Count
11

Unique men
101

Unique women
64

Per-sport slots
501

Multi-sport coeff
3.04x

Coed men
1

Coed women
13

The program has 165 unique athletes filling 501 sport roster slots — a 3.04x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division II
Sector
Private nonprofit, 4-year or above
Total Enrollment
860
Revenue Tier
Upper quartile (85th pct.)
Peers in Division
124 schools
Peers in Kansas
45 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Southeastern University FL $6.69M $158.5K $23.6K
Lawrence Technological University MI $6.7M $132.2K $32.5K
Oklahoma Wesleyan University OK $6.72M $0 $54.3K
University of Jamestown ND $6.73M $0 $64.8K
Doane University-Arts & Sciences NE $6.75M $197.5K $84K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $7.8K Athletic revenue per enrolled student
Expense Ratio 62.4% Expenses as % of revenue
Top Sport Share 23.0% Revenue concentration in top program
Division Percentile 85th 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.