TOTAL REV $7.83M
TOTAL EXP $7.82M
NET $9.5K

Investment Profile · FY 2019

Montreat College

Montreat, North Carolina · NAIA Division II · Private nonprofit, 4-year or above · Enrollment 613

ZIP 287571267 · IPEDS unitid 199032

Revenue Percentile (Division)
91th

Key Financial Metrics · 2019

Total Revenue
$7.83M

Total Expenses
$7.82M

Net Result
$9.5K

Unique Athletes
113

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 58.4%Women’s programs 41.6%

$4.57M
$3.26M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 108 (21.4%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

All Track Combined

$1.36M

Baseball

$1.33M

Soccer

$1.28M

Basketball

$1.26M

Softball

$675.9K

Lacrosse

$589.2K

Tennis

$530.1K

Golf

$402K

Volleyball

$400.7K

Expense by sport

All Track Combined

$1.36M

Baseball

$1.33M

Soccer

$1.28M

Basketball

$1.26M

Softball

$667.4K

Lacrosse

$589.2K

Tennis

$530.1K

Golf

$402K

Volleyball

$400.7K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
All Track Combined 3 67 35 $1.36M $1.36M $0
Baseball 1 69 0 $1.33M $1.33M $0
Soccer 15 50 23 $1.28M $1.28M $1K
Basketball 2 42 22 $1.26M $1.26M $0
Softball 16 0 44 $675.9K $667.4K $8.5K
Lacrosse 11 26 12 $589.2K $589.2K $0
Tennis 22 21 11 $530.1K $530.1K $0
Golf 8 13 12 $402K $402K $0
Volleyball 26 0 26 $400.7K $400.7K $0

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$69.3K

Athletes Tracked
113

Top Sport Share
All Track Combined · 17.4%

Program Count
9

Unique men
69

Unique women
44

Per-sport slots
473

Multi-sport coeff
4.19x

Coed men

Coed women

The program has 113 unique athletes filling 473 sport roster slots — a 4.19x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division II
Sector
Private nonprofit, 4-year or above
Total Enrollment
613
Revenue Tier
Top-tier (91th pct.)
Peers in Division
124 schools
Peers in North Carolina
68 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Reinhardt University GA $7.69M $94.6K $-139K
Savannah College of Art and Design GA $8.27M $69.2K $434.8K
Siena Heights University MI $7.39M $336.3K $-447K
Doane University-Arts & Sciences NE $6.75M $197.5K $-1.08M
University of Jamestown ND $6.73M $0 $-1.1M

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $12.8K Athletic revenue per enrolled student
Expense Ratio 99.9% Expenses as % of revenue
Top Sport Share 17.4% Revenue concentration in top program
Division Percentile 91th 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.