TOTAL REV $15.92M
TOTAL EXP $14.95M
NET $974.2K

Investment Profile · FY 2019

Midland University

Fremont, Nebraska · NAIA Division II · Private nonprofit, 4-year or above · Enrollment 1,118

ZIP 68025 · IPEDS unitid 181330

Revenue Percentile (Division)
99th

Key Financial Metrics · 2019

Total Revenue
$15.92M

Total Expenses
$14.95M

Net Result
$974.2K

Unique Athletes
217

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 65.6%Women’s programs 34.4%

$10.44M
$5.48M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment contracted by 68 (-5.7%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$2.92M

Soccer

$1.64M

Basketball

$1.55M

Baseball

$1.21M

Weight Lifting

$970.8K

Ice Hockey

$965.3K

All Track Combined

$941.7K

Bowling

$897.2K

Swimming

$766.8K

Softball

$761.7K

Expense by sport

Football

$3.64M

Soccer

$1.42M

Basketball

$1.24M

Baseball

$911.6K

Weight Lifting

$841.8K

Ice Hockey

$946.4K

All Track Combined

$891.5K

Bowling

$831.2K

Swimming

$528.8K

Softball

$587.8K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 171 0 $2.92M $3.64M $-722.4K
Soccer 15 47 36 $1.64M $1.42M $216K
Basketball 2 39 30 $1.55M $1.24M $309.9K
Baseball 1 57 0 $1.21M $911.6K $296.6K
Weight Lifting 38 25 23 $970.8K $841.8K $129K
Ice Hockey 10 26 19 $965.3K $946.4K $18.9K
All Track Combined 3 54 46 $941.7K $891.5K $50.2K
Bowling 33 25 20 $897.2K $831.2K $65.9K
Swimming 19 23 11 $766.8K $528.8K $238K
Softball 16 0 37 $761.7K $587.8K $174K
Wrestling 28 22 17 $696.5K $856.8K $-160.4K
Volleyball 26 0 31 $636.5K $595.1K $41.5K
Golf 8 17 8 $589.7K $383K $206.7K
Lacrosse 11 15 10 $516.5K $421.7K $94.8K
Other Sports 29 21 3 $464.3K $584.2K $-119.9K
Tennis 22 12 7 $409K $273.4K $135.6K

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$73.4K

Athletes Tracked
217

Top Sport Share
Football · 18.3%

Program Count
16

Unique men
171

Unique women
46

Per-sport slots
852

Multi-sport coeff
3.93x

Coed men

Coed women

The program has 217 unique athletes filling 852 sport roster slots — a 3.93x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division II
Sector
Private nonprofit, 4-year or above
Total Enrollment
1,118
Revenue Tier
Top-tier (99th pct.)
Peers in Division
124 schools
Peers in Nebraska
21 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Simpson University CA $13.68M $334.4K $-2.24M
Davenport University MI $12.82M $0 $-3.1M
Marian University IN $12.47M $0 $-3.45M
Bethany College KS $12.43M $0 $-3.49M
Keiser University-Ft Lauderdale FL $10.66M $258.9K $-5.27M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $14.2K Athletic revenue per enrolled student
Expense Ratio 93.9% Expenses as % of revenue
Top Sport Share 18.3% Revenue concentration in top program
Division Percentile 99th 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.