PLEASE SEE THE MISSION AND VISION OF INNOVATIVE QUALITY SCHOOLS (IQS) AS PREVIOUSLY STATED. DECISIONS MADE BY THE IQS BOARD ARE GUIDED BY THE FOLLOWING VALUES:1. FOCUS ON INNOVATION- TAKE RISKS TO TRY CREATIVE NEW THINGS, CHALLENGE OLD PROCESSES, AND CONTINUOUSLY ADAPT.2. ORGANIZE FOR EDUCATIONAL EXCELLENCE- COMMIT TO ACHIEVING OUR VISION, MISSION AND GOALS THROUGH THE CONTINUAL ASSESSMENT OF OUR WORK AND ACTING UPON RESULTS TO IMPROVE OUR PERFORMANCE. 3. COMMIT TO COLLABORATION- BE INTERDEPENDENT, HAVE AN OPEN FLOW OF IDEAS, LISTEN TO OTHERS, VALUE DIFFERENCES, AND CHALLENGE OUR OWN ASSUMPTIONS. 4. ENSURE ACCOUNTABILITY- UTILIZE FAIR AND RIGOROUS PROCEDURES IN THE AUTHORIZATION AND EVALUATION OF SCHOOLS IN OUR PORTFOLIO. 5. PROMOTE EQUITY, DIVERSITY, AND INCLUSION- SUPPORT INITIATIVES THAT PROMOTE EDUCATIONAL EQUITY AND OPPORTUNITY, AND SEEK DIVERSITY IN ORGANIZATIONAL REPRESENTATIVES
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$436K
+21.9% YoY
Annual Giving
$5K
-80.6% YoY
Grant Count
1
-66.7% YoY
Avg Grant Size
$5K
-41.9% YoY
About Innovative Quality Schools
Based on IRS filings
Innovative Quality Schools is a nonprofit organization focused on Education, based in HUTCHINSON, MN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $436K in total assets. In 2025, it awarded 1 grants totaling $5K. Net investment income was $254.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $436,431 | $358,049 | $358,447 |
| Revenue | $636,658 | $648,812 | $610,219 |
| Expenses | $631,493 | $623,484 | $627,499 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $254 | $718 | $655 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Bdote Learning Center ($5,250).
| Recipient | Purpose | Amount |
|---|---|---|
| BDOTE LEARNING CENTER MINNEAPOLIS, MN | SUPPORT A PARTNERSHIP TO ENHANCE EARLY LITERACY PRACTICES | $5,250 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| RHONDA DEAN | DIRECTOR | 1.5 | — |
| KATIE PEKEL | DIRECTOR | 1.5 | — |
| BENNICE YOUNG | DIRECTOR | 1.5 | — |
| ROBIN MANTHIE | DIRECTOR | 1.5 | — |
| KRISTIN NIELSON | DIRECTOR | 1.5 | — |
| TASH VAN LIESHOUT | DIRECTOR | 1.5 | — |
| HABEN GHEBREGERGISH | SECRETARY | 1.5 | — |
| JOHN SCHULTZ | TREASURER | 3 | — |
| HOLLY DAYTON | VICE CHAIR | 2 | — |
| STEVE KELLEY | CHAIR | 2 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Innovative Quality Schools?
Innovative Quality Schools is a nonprofit organization focused on Education, based in HUTCHINSON, MN. It holds $436K in total assets as of 2025.
How large is Innovative Quality Schools?
As of 2025, Innovative Quality Schools holds $436K in total assets with $637K in annual revenue. It awarded 1 grants totaling $5K in 2025.
Where does Innovative Quality Schools operate?
Innovative Quality Schools has awarded grants in Minnesota.
What size grants does Innovative Quality Schools award?
In 2025, Innovative Quality Schools awarded 1 grants totaling $5K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is Innovative Quality Schools's EIN?
Innovative Quality Schools's EIN (Employer Identification Number) is 27-0574007. IRS Form 990 filing data is available on this page for 2020–2025.
Explore Open Grants
Browse active grant opportunities in Innovative Quality Schools's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.