Texas Center for Employee Ownership
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Expanding employee ownership across Texas, empowering workers, creating jobs, and driving economic prosperity for all Texans.
- Income
- $87,822
- Spending
- $120,471
- Reserves
- 4.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Highest pay
- $71,667, executive dir.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 57 out of 100. Higher than 28% of charities in its peer group (community improvement, under $250k).
Reserves
20 of 35Spendable reserves would cover 4.3 months of spending.
Debt
20 of 20It owes 5% of what it owns.
Living within its means
0 of 15Spending exceeded income by 37% of income.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
This organization files the short tax form, which does not ask about boards, policies or audits. That is normal for a small charity and is not a mark against it.
Source: Form 990EZ for the year ending December 31, 2025, 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 (1)
- $76,951 spent. New Partnerships (Goal: 810): Established 32 partner connections and developed 14 formalized partnerships across Texas. Regional Events (Goal: 4): Successfully executed 3 regional events during the grant period with a fourth scheduled for early 2026. Lender & Service Provider Collaborations (Goal: 2): Secured 2 formal collaborations and new relationships were formed for future potential collaborations. Grant Applications (Goal: 12): Submitted 13 grant applications totaling $600,000. Businesses Reached: Connected with at least 132 businesses through workshops, events, and presentations, with additional unquantified reach generated through earned media in multiple markets. Employee Ownership Conversions: Directly supported 1 Employee Ownership Trust conversion; aware of at least 5 additional conversions (4 ESOPs, 1 worker cooperative). Four conversions are likely in 2026.Communications & Materials: Produced 5 professional outreach and technical materials; participated in a live television segment, multiple reporter interviews, and published op-eds, significantly expanding statewide awareness.
Source: Form 990EZ for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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 October 13, 2026.
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 October 13, 2026.
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 October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since December 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 21, 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.