Expanding Esops Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
Expanding ESOPs, Inc's mission is to research, educate and inform the public about the benefits of employee stock ownership plans (ESOPs), as well as researching ways in which private and public enterprises could partner in an effort to expand the use of ESOPs, thereby facilitating millions of working class Americans obtaining stock ownership in their employer.
- Income
- $855,000
- Spending
- $471,987
- Spent on programs
- 100%
- Reserves
- 9.7 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 5
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 92 out of 100. Higher than 72% of charities in its peer group (public benefit, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.7 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 45% of income.
Spending floor
15 of 15100% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending May 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 75 out of 100. Higher than 53% of charities in its peer group (public benefit, $250k to $1m).
Independent board
18 of 253 of 3 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending May 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 (3)
- $294,610 spent. Narrative Building- By commissioning opinion polling; delivering speeches and participating on panels at conferences; drafting and publishing op-eds from frontline employee owners and company founders; and conducting media outreach, we worked to increase awareness of broad-based employee ownership and the need to expand ESOPs to build worker wealth and stronger companies.
- $89,839 spent. Coalition Building- We built a coalition of organizations united by the mission to dramatically expand employee ownership. For the first time, a broad cross section of the employee ownership community is coming together not just to service or protect employee ownership in its existing form, but to bring its benefits to more workers and companies across the country. We've grown to nearly 100 organizations, including financial institutions, ESOP service providers, law firms, foundations, advocacy groups and more.
- $87,500 spent. Policy Development- Via engagement with our coalition members, a listening tour of large companies and more, we've begun work to develop a comprehensive policy proposal that would unlock ESOP activity at large companies across the country and economy. We started by identifying the roadblocks preventing large companies from adopting ESOPs and then working through various ideas to overcome those hurdles via modernizing the 50+ year-old ESOP law
Source: Form 990 for the year ending May 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 May 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 August 2024.
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.