Textile Exchange
Nonprofit profile at a glance
- EIN
- 331034726
- IRS 990 coverage
- 2016–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Lamesa, TX, USA
- Phone
- 4439616280
- Rating
- 64
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Agricultural Programs
Reported finances
- Revenue
- $33,544,878
- Expenses
- $27,304,730
- Assets
- $22,185,568
- Liabilities
- $1,825,827
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
20 people listed
Executive titles in this filing
- CLAIRE BERGKAMP (CEO)
Highest reported compensation
- CLAIRE BERGKAMP (CEO): $313,172 total reported compensation
- EVONNE TAN (SENIOR DIREC): $237,452 total reported compensation
- ASHLEY GILL (CSO): $236,120 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To build a global fiber and materials production model that positively impacts our planet.
What it reported doing in 2024
Our goal is to build the tools consumers and companies need to learn about organic and more sustainable textile production, and to learn what they can do to support their transition to these practices. We continued to upgrade our website, have continued our textile market survey, have continued building the identity of the organization and implemented standards for tracking, tracing and documenting the use of organic and recycled material.
Operating model
- Revenue model
- Membership-supported. 93% of the money available for current operations came from membership dues.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and the filing reports few safeguards for money sent abroad.
Rating breakdown
- Financial Efficiency: 63
- Transparency & Controls: 39
- Accountability: 95
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 65.9%; rating input score 66
- Program expense ratio: 80.3%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Scored; rating input score 0
- Grant itemization coverage: Scored; rating input score 0
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 18.6%; rating input score 81; 81st percentile among comparable filings
- Total-asset coverage ratio: 0.81; rating input score 29; 29th percentile among comparable filings
- Liabilities to assets ratio: 0.08; rating input score 77; 77th percentile among comparable filings
- Officer compensation ratio: 6%; rating input score 43; 43rd percentile among comparable filings
Growth
- Program expense growth: 28% per year; rating input score 100; 94th percentile among comparable filings
- Revenue growth: 27.9% per year; rating input score 100; 96th percentile among comparable filings
- Asset growth: 30.7% per year; rating input score 100; 96th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 65.9% of revenue deployed · 80.3% of spending went to programs
- Governance: 13 of 13 board members independent · 8 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $21.9M in reported program spending
- Leadership: top reported pay $313K · 20 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $230K reported
- Consistency: 26 of 26 current checks pass
- Schedules: 6 filed schedules · includes foreign activity and executive pay
- Filing history: 7 filing years from 2016 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: Filed and resolved organization relationships.
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- High — Transparency & Controls: Foreign activity oversight scored 0/100.
- High — Transparency & Controls: Grant itemization coverage scored 0/100.
- High — Sustainability: Total-asset coverage ratio scored 29/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- Moderate — Sustainability: Officer compensation ratio scored 43/100.