SCommunity Improvement & Capacity BuildingEIN: 412153934· Ruling Year: 2005

Midnight Sun Inc

Hartford, Connecticut

B+Health Score
73B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 8 peers in Community Improvement & Capacity Building with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org80.60×
Peer Median2.76×
💰
$6.9M
Total Revenue
📊
$2.3M
Total Expenses
🏦
$184.8M
Net Assets
📋
$1.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+6.8%
Year-over-year change (2022 → 2023)
Net Margin
+66.7%
Revenue minus expenses as % of revenue
Working Capital Ratio
80.60
Net assets divided by total expenses
Liabilities-to-Assets
0.6%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$6,886,5177%$2,293,0458%$185,920,13410%
2022$6,450,7675%$2,116,1211%$168,353,4714%
2021$6,168,4893%$2,094,4885%$161,229,7424%
2020$6,358,217$2,212,3842%$155,178,8772%
2019$6,390,0815%$2,177,1013%$152,704,0922%
2018$6,078,3051%$2,109,9561%$150,299,2152%
2017$6,120,5913%$2,093,8205%$146,811,944
2016$5,923,910$2,213,5816%$147,247,2625%
2015$5,942,2301%$2,095,0888%$140,434,1046%
2014$6,021,6132%$2,274,26622%$133,090,1557%
2013$6,135,2387%$1,867,33614%$124,140,83921%
2012$5,743,15390%$1,639,541$102,920,43614%
2011$3,021,773$0$90,167,564

Frequently Asked Questions

What does Midnight Sun Inc do?

Midnight Sun Inc is a community improvement & capacity building nonprofit organization based in Connecticut. It is classified under NTEE code S47 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Midnight Sun Inc financially healthy?

Based on our 9-metric Financial Health Score model, Midnight Sun Inc has a score of 73/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Midnight Sun Inc generate?

Midnight Sun Inc reports $12.5M in annual revenue and holds $189.8M in total assets, based on IRS filings.

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Midnight Sun Inc — Hartford, CT | GiveScope