TOTAL REV $7.69M
TOTAL EXP $7.6M
NET $94.6K

Investment Profile · FY 2019

Reinhardt University

Waleska, Georgia · NAIA Division II · Private nonprofit, 4-year or above · Enrollment 1,231

ZIP 301832981 · IPEDS unitid 140872

Revenue Percentile (Division)
90th

Key Financial Metrics · 2019

Total Revenue
$7.69M

Total Expenses
$7.6M

Net Result
$94.6K

Unique Athletes
177

Revenue & Expense Trend (2015–2019)

20152016201720182019

Revenue
Expenses

Gender Investment Allocation

Men’s programs 69.3%Women’s programs 30.7%

$5.33M
$2.36M

Enrollment Trend (2015–2019)

20152016201720182019

Total
Men
Women

Total enrollment grew by 100 (8.8%) from 2015 to 2019.

Sport Program Investment

Revenue by sport

Football

$1.72M

Soccer

$909.4K

Lacrosse

$906.9K

Volleyball

$804.5K

Basketball

$688.4K

Baseball

$630.9K

Wrestling

$569.4K

All Track Combined

$428.7K

Tennis

$411.4K

Softball

$409.4K

Expense by sport

Football

$1.71M

Soccer

$904.4K

Lacrosse

$901.4K

Volleyball

$794.5K

Basketball

$683.7K

Baseball

$630.9K

Wrestling

$525.9K

All Track Combined

$414.3K

Tennis

$407.2K

Softball

$408.8K

Sport-by-sport profile table

Sport Men Women Revenue Expense Net
Football 7 130 0 $1.72M $1.71M $6.4K
Soccer 15 45 28 $909.4K $904.4K $5K
Lacrosse 11 46 33 $906.9K $901.4K $5.5K
Volleyball 26 19 47 $804.5K $794.5K $10.1K
Basketball 2 29 14 $688.4K $683.7K $4.7K
Baseball 1 53 0 $630.9K $630.9K $0
Wrestling 28 38 0 $569.4K $525.9K $43.6K
All Track Combined 3 78 24 $428.7K $414.3K $14.4K
Tennis 22 14 8 $411.4K $407.2K $4.2K
Softball 16 0 21 $409.4K $408.8K $612
Golf 8 11 7 $215.8K $215.6K $166

Participation & Revenue-per-Athlete

Revenue / Unique Athlete
$43.5K

Athletes Tracked
177

Top Sport Share
Football · 22.3%

Program Count
11

Unique men
130

Unique women
47

Per-sport slots
645

Multi-sport coeff
3.64x

Coed men

Coed women

The program has 177 unique athletes filling 645 sport roster slots — a 3.64x multi-sport coefficient indicating extensive cross-sport participation.

Division & Classification Context

Classification
NAIA Division II
Sector
Private nonprofit, 4-year or above
Total Enrollment
1,231
Revenue Tier
Top-tier (90th pct.)
Peers in Division
124 schools
Peers in Georgia
53 schools

Peer Benchmark

Peer School State Revenue Net Δ vs. subject
Montreat College NC $7.83M $9.5K $139K
Siena Heights University MI $7.39M $336.3K $-308.1K
Savannah College of Art and Design GA $8.27M $69.2K $573.8K
Doane University-Arts & Sciences NE $6.75M $197.5K $-944.1K
University of Jamestown ND $6.73M $0 $-963.3K

Financial Ratios & Investment Lens

Metric Value Definition
Subsidy Rate 0.0% Expense shortfall as % of revenue
Revenue / Enrollment $6.3K Athletic revenue per enrolled student
Expense Ratio 98.8% Expenses as % of revenue
Top Sport Share 22.3% Revenue concentration in top program
Division Percentile 90th 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.