Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Southerly
EIN 85-2638065 • 501(c)3 • Louisville, KY
Profile
provides journalism & resources to commu
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.00x
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
1st percentile
Higher net margin than 1% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
11th percentile
Faster asset growth than 11% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Balance Sheet
Assets
Down$2,335
Down $63,506 (-96%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Down$2,335
Down $63,506 (-96%) from 2023
Revenue
Down$1
Down $81,243 (-100%) from 2023
Expenses
Down$67,598
Down $92,627 (-58%) from 2023
Net Income
Up-$67,597
Up $11,384 (+14%) from 2023
Trend Graphs
Filings
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
- Assets
- $2,335
- Liabilities
- $0
- Net assets
- $2,335
- Revenue
- $1
- Expenses
- $67,598
- Net income
- -$67,597
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Jan 1, 2024 to Dec 31, 2024
- Signed
- Sep 30, 2025
- Return Version
- 2024v5.2
- Gross Receipts
- $1
Mission and Program Overview
Mission
provides journalism & resources to commu
provides journalism & resources
Program Services
| Description | Grants | Expenses |
|---|---|---|
| Editorial -- JournalismStories about environmental justice in the U.S. South, written by community members and journaliststhroughout the region | - | $0 |
| Community EngagementWe offer the public resources in a variety of forms in addition to traditional journalism, including onlineand offline resources. The work depends on the co | - | $0 |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| KATIE FOGLEMAN | Board President | PT | $0 | - | - |
| DEE DAVIS | Treasurer | PT | $0 | - | - |
| KATHARINE SCHIMEL | Board Secretary | PT | $0 | - | - |
| LYNDSEY GILPIN | President | PT | $0 | - | - |
Filing and Contact Details
Filer
- Filer Name
- Southerly
- EIN
- 85-2638065
- In Care Of
- % LYNDSERY GILPIN
- Phone
- 5024681963
- Address
- 6605 NORWAY DRIVE, Louisville, KY 40214
Signing Officer
- Name
- Lyndsery Gilpin
- Title
- Executive Director
- Phone
- 5024681963
- Signed
- 2025-09-30
- Discuss with paid preparer
- No
Preparer
- Firm
- Open Books Financial
- Address
- 101 N 7th Street, Louisville, KY 40202
- Preparer
- Nisa Cooley
- Phone
- 5026326485
Supplemental Narrative
Additional Explanations
Description of other expenses Part I line 16
“Description AmountOFFICE EXPENSES 2,098ACCOUNTING FEES 500GRIST - RESTRICTED PROGRAMMING 65,000”
General explanation attachment
“During the tax year, SOUTHERLY INC. entered into an agreement with Grist, a nonprofit organization, whereby SOUTHERLY, INC. transferred the majority of its remaining cash assets to Grist. These funds were restricted to support community engagement and journalism activities in alignment with SOUTHERLYs exempt purpose. This transfer was made pursuant to a contract executed between the two organizations and reflects the organizations decision to discontinue independent operations and transfer resources to Grist for continuation of mission-related activities. Accordingly, the transfer is reported on Part I, Line 16 under Other Expenses and Schedule N.”
Raw XML Appendix142 raw XML fields
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
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|---|---|---|
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| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | Louisville |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | KY |
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| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 2335 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | false |
| IRS990EZ/DonorAdvisedFndsInd | 0 | false |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | false |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | -67597 |
| IRS990EZ/FiledScheduleAInd | 0 | true |
| IRS990EZ/ForeignFinancialAccountInd | 0 | false |
| IRS990EZ/ForeignOfficeInd | 0 | false |
| IRS990EZ/Form1120PolFiledInd | 0 | false |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 69932 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 2335 |
| IRS990EZ/GrossReceiptsAmt | 0 | 1 |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InvestmentIncomeAmt | 0 | 1 |
| IRS990EZ/LandAndBuildingsGrp/BOYAmt | 0 | 0 |
| IRS990EZ/LandAndBuildingsGrp/EOYAmt | 0 | 0 |
| IRS990EZ/LobbyingActivitiesInd | 0 | false |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | false |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 69932 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 2335 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 69932 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 2335 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 5.00 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 3 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | KATIE FOGLEMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | DEE DAVIS |
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| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | BOARD PRESIDENT |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | TREASURER |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | BOARD SECRETARY |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 3 | PRESIDENT |
| IRS990EZ/OperateHospitalInd | 0 | false |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | true |
| IRS990EZ/OrganizationHadUBIInd | 0 | false |
| IRS990EZ/OtherAssetsTotalDetail/BOYAmt | 0 | 0 |
| IRS990EZ/OtherAssetsTotalDetail/EOYAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 67598 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | provides journalism & resources |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | Editorial -- JournalismStories about environmental justice in the U.S. South, written by community members and journaliststhroughout the region |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 1 | Community EngagementWe offer the public resources in a variety of forms in addition to traditional journalism, including onlineand offline resources. The work depends on the co |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 1 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | false |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | false |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | false |
| IRS990EZ/SubjectToProxyTaxInd | 0 | false |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | false |
| IRS990EZ/TotalExpensesAmt | 0 | 67598 |
| IRS990EZ/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/TotalRevenueAmt | 0 | 1 |
| IRS990EZ/TransactionWithControlEntInd | 0 | false |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | false |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | southerlymag.org |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81244 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 194000 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 151638 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 143541 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 570423 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearAmt | 0 | 1 |
| IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt | 0 | 1 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 0.91370 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 570423 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 81244 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 194000 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 151638 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 143541 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 570423 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 570424 |
| IRS990ScheduleN/DispositionOfAssetsDetail/AssetsDistriOrExpnssPaidDesc | 0 | TRANSFER OF CASH ASSETS FOR EXTENDED PROGRAMMING UNDER ANOTHER ORGANIZAION |
| IRS990ScheduleN/DispositionOfAssetsDetail/DistributionDt | 0 | 2024-05-02 |
| IRS990ScheduleN/DispositionOfAssetsDetail/EIN | 0 | 061664153 |
| IRS990ScheduleN/DispositionOfAssetsDetail/FairMarketValueOfAssetAmt | 0 | 65000 |
| IRS990ScheduleN/DispositionOfAssetsDetail/IRCSectionTxt | 0 | 501c3 |
| IRS990ScheduleN/DispositionOfAssetsDetail/MethodOfFMVDeterminationTxt | 0 | CASH |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | Description AmountOFFICE EXPENSES 2,098ACCOUNTING FEES 500GRIST - RESTRICTED PROGRAMMING 65,000 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | During the tax year, SOUTHERLY INC. entered into an agreement with Grist, a nonprofit organization, whereby SOUTHERLY, INC. transferred the majority of its remaining cash assets to Grist. These funds were restricted to support community engagement and journalism activities in alignment with SOUTHERLYs exempt purpose. This transfer was made pursuant to a contract executed between the two organizations and reflects the organizations decision to discontinue independent operations and transfer resources to Grist for continuation of mission-related activities. Accordingly, the transfer is reported on Part I, Line 16 under Other Expenses and Schedule N. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Description of other expenses Part I line 16 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | General explanation attachment |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | false |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | LYNDSERY GILPIN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | EXECUTIVE DIRECTOR |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5024681963 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-09-30 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SOUT |
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| ReturnHeader/Filer/USAddress/CityNm | 0 | Louisville |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 40214 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | true |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 825506287 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Open Books Financial |
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| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Louisville |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | KY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 40202 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5026326485 |
| ReturnHeader/PreparerPersonGrp/PreparationDt | 0 | 2025-09-30 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | NISA COOLEY |
| ReturnHeader/ReturnTs | 0 | 2025-09-30T23:56:17-04:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
Document Assets
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