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Center on Business and Poverty Inc

EIN 20-5282816 · Franklin, TN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceGood86 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

The Center on Business and Povertys mission is to alleviate poverty through: Financial Literacy improving the financial wellness of employees through training programs and the measurement of an individuals financial well-being. Employee Ownership and Participatory Capitalism supporting companies in creating and launching employee ownership. Entrepreneurship and Creating Jobs Working with and training company executives to embrace financial literacy training employee ownership and creating jobs in low-income communities.

Income
$576,208
Spending
$475,110
Spent on programs
75%
Reserves
3 months of spending
Largest source of income
fees for its services, 92%
Employees
0
Volunteers
10
Highest pay
$50,000, secretary

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 59% of charities in its peer group (education, $250k to $1m).

  • Reserves

    20 of 35

    Spendable reserves would cover 3.0 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 18% of income.

  • Income trend

    15 of 15

    Income rose 127% on the year before.

  • Spending floor

    15 of 15

    75% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 86 out of 100. Higher than 77% of charities in its peer group (education, $250k to $1m).

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    6 of 15

    Its accounts were not audited or reviewed by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $35,586 spent. Financial Literacy: We have worked with another non-profit organization to develop a financial literacy training program for low-income individuals who will watch animated videos on financial topics and afterwards take a simple eight item survey to measure their learning progress. This program will be made available to employers and organizations that are interested in training their employees or members on ways to improve their financial situation.
  2. $175,292 spent. Employee Ownership: We have organized an International Oxford Symposium on Employee Ownership. 2024 was the third year that the symposium has taken place. The aim is to bring together individuals and organizations active in employee ownership from across the world to share ideas and learning. The number of nations represented was impressive: there were at least 20 countries attending including Australia Japan Denmark Slovenia Canada the UK and the US.
  3. $144,983 spent. The Gail Project: We conducted special educational sessions for high-level executives for Gail Limited located in Filmcity Noda Uttar Pradesh 201301 India at Oxford University. Gail is the largest home cooking gas supplier in India. We trained them on how to develop solar energy the role of natural gas the advantages of participatory capitalism employee ownership conducting financial literacy training and creating entry level jobs for their low-income population. We also taught them ways to help their population move away from using wood dung and other types of dangerous fuel they may be using to cook with inside their homes. Through this process 610,000 lives are saved as consumers use the gas instead of other dangerous fuel sources.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since June 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.