Nonprofit · EIN 52-1236267
SOUTHERN FINANCE ASSOCIATION
Also known as JOURNAL OF FINANCIAL RESEARCH
Tax-exempt · JACKSONVILLE, AL 36265
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $232,034 | $215,281 | $16,753 | $1,175,053 | $0 | $1,175,053 |
| December 31, 2023 | 990 | $196,728 | $344,130 | -$147,402 | $1,158,300 | $0 | $1,158,300 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,375
- Program service revenue
- $207,975
- Investment income
- $18,684
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $62,398
- Salaries, compensation and benefits (total)
- $62,398
- Professional fundraising fees
- $0
- Program services (functional)
- $215,281
Balance sheet and other
- Total assets, start of year
- $1,158,300
- Total assets, end of year
- $1,175,053
- Total liabilities, end of year
- $0
- Net assets, end of year
- $1,175,053
- Publicly traded securities
- $1,113,599
- Net assets without donor restrictions
- $1,175,053
- Gross receipts
- $232,034
- Employees
- 0
- Volunteers
- 300
- Year formed
- 1960
- State of legal domicile
- AL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs |
|---|---|---|---|---|
| Ronnie Clayton | Executive Director Officer, Key employee, Highest-paid employee | 10 | $34,662 | $34,662 |
| Walter Reinhart | VP for Finance Officer | 5 | $25,108 | $25,108 |
| Amy Simon | VP for Administration Officer | 1 | $4,050 | $4,050 |
| Kathleen Fuller | Secretary Officer | 1 | $578 | $578 |
| April Knill | Director Officer | 0 | $0 | $0 |
| Kristina Minnick | VP for Operations Officer | 1 | $0 | $0 |
| Mia Rivolta | Director Officer | 0 | $0 | $0 |
| 0 | 0 Officer | 0 | $0 | $0 |
| Raisa Velthuis | Director Officer | 0 | $0 | $0 |
| John Sedunov | VP for Program Officer | 5 | $0 | $0 |
| Kate Upton | Director Officer | 0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Ronnie Clayton | Executive Director Officer, Key employee, Highest-paid employee | 10 | $33,816 |
| Walter Reinhart | VP for Finance Officer | 5 | $22,544 |
| Kathleen Fuller | Secretary Officer | 1 | $564 |
| Bill Schmidt | VP for Administration Officer | 1 | $0 |
| Tina Yang | President Officer | 5 | $0 |
| Melissa Woodley | VP for Operations Officer | 1 | $0 |
| Kristina Minnick | VP for Operations Officer | 1 | $0 |
| Honghui Chen | Director Officer | 0 | $0 |
| Michael Highfield | Director Officer | 0 | $0 |
| Tina Yang | VP for Program Officer | 5 | $0 |
| Adam Yore | Director Officer | 0 | $0 |
| Ryan Davis | Director Officer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 700 PELHAM RD N, JACKSONVILLE, AL 36265-1602
- In care of
- % RONNIE CLAYTON
- Principal officer (990 for 2024)
- Ronnie Clayton, 700 PELHAM RD N JACKSONVILLE STATE, JACKSONVILLE, AL 362650000
- Signed the 990
- Ronnie Clayton, Executive Director
- Phone
- (256) 453-6026
Mission
The Southern Finance Association is an academic association that promotes education and research in the field of Finance through an annual meeting of the membership to present original academic research papers and through the publication of the Journal of Financial Research four times per year.
Program accomplishments
- The annual meeting of the Southern Finance Association is held in November of each year. In 2023 it brought approximately 300 participants to the meeting to present original academic research papers. The Association has 10 time slots for I concurrent sessions each where 3 or 4 research papers are presented discussed and critiqued during the three days of the meeting. Approximately 250 research papers were presented in 2023. A portion of the above expenses was payment for the annual meeting from 2022.Expenses $215,281 · revenue $232,038
- The Southern Finance Association sponsors the Journal of Financial Research in conjunction with the Southwestern Finance Association. The journal is published 4 times per year by Wiley Publishers on behalf of the two associations. The journal is distributed to approximately 650 members of the two associations and to academic libraries worldwide through electronic and print distribution.0
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 52-1236267
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1981
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Public and societal benefit (W22E)
- Assets (IRS master file)
- $1,175,053
- Income (IRS master file)
- $232,034
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $232,034 | $215,281 | $1,175,053 | IRS |
| 990 | December 2023 | $196,728 | $344,130 | $1,158,300 | XML |
| 990 | December 2022 | $154,330 | $175,397 | $1,076,096 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 52-1236267).
Questions about SOUTHERN FINANCE ASSOCIATION
- What is the EIN of SOUTHERN FINANCE ASSOCIATION?
- The employer identification number (EIN) of SOUTHERN FINANCE ASSOCIATION is 52-1236267.
- Is SOUTHERN FINANCE ASSOCIATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1981.
- Are donations to SOUTHERN FINANCE ASSOCIATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SOUTHERN FINANCE ASSOCIATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of SOUTHERN FINANCE ASSOCIATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SOUTHERN FINANCE ASSOCIATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SOUTHERN FINANCE ASSOCIATION?
- The 990 for the year ended December 31, 2024 names Ronnie Clayton.
- Who are the officers and directors of SOUTHERN FINANCE ASSOCIATION?
- The 990 for the year ended December 31, 2024 lists 11 people; 4 received compensation from the organization, the highest $34,662 (Ronnie Clayton, Executive Director).
- How much revenue does SOUTHERN FINANCE ASSOCIATION have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $232,034, expenses of $215,281 and total assets of $1,175,053 at year end.
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