S — Community 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

💰
$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$6,886,517↑7%$2,293,045↑8%$185,920,134↑10%
2022$6,450,767↑5%$2,116,121↑1%$168,353,471↑4%
2021$6,168,489↓3%$2,094,488↓5%$161,229,742↑4%
2020$6,358,217$2,212,384↑2%$155,178,877↑2%
2019$6,390,081↑5%$2,177,101↑3%$152,704,092↑2%
2018$6,078,305↓1%$2,109,956↑1%$150,299,215↑2%
2017$6,120,591↑3%$2,093,820↓5%$146,811,944
2016$5,923,910$2,213,581↑6%$147,247,262↑5%
2015$5,942,230↓1%$2,095,088↓8%$140,434,104↑6%
2014$6,021,613↓2%$2,274,266↑22%$133,090,155↑7%
2013$6,135,238↑7%$1,867,336↑14%$124,140,839↑21%
2012$5,743,153↑90%$1,639,541$102,920,436↑14%
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 $6.5M in annual revenue and holds $189.5M in total assets, based on IRS filings.

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