I don't know the numbers but UND's football program must have operated in the red the past few years at least. You can't turn a profit without fans in the stands. If Moo U is turning a profit, I doubt it's much of one, it all depends on the accounting gimmicks used. Speaking of which, do the Montanas' numbers include student fees, state aid, etc as revenue? Also, how do they share expenses (athletic department staff, facilities, etc.) with the other athletic programs?