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Innovative Quality Schools

Public charity · Grantmaker Hutchinson, MN EIN: 27-0574007 Website

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

Key facts about Innovative Quality Schools

In short: Innovative Quality Schools gave $5K across 1 grant in 2025 (avg $5K), mostly in Minnesota. Source: 2025 IRS Form 990.

EIN
27-0574007
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$5,250
Grants made (2025)
1
Average grant
$5,250
Median grant
$5,250
Total assets
$436,431
Primary geography
Minnesota (100% of itemized 2025 grant dollars)

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · 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

How Innovative Quality Schools gives

  • Giving fell 47% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

About Innovative Quality Schools

Based on IRS filings

Innovative Quality Schools is a public charity 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 grant totaling $5K. Net investment income was $254.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Maple GroveMinneapolisBloomingtonBrooklyn CenterBrooklyn ParkGolden ValleySt. Paul

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K1 grant2020 3 grants2021 1 grant2022 4 grants2023 3 grants2024 1 grant2025

From 2020 to 2025, annual grant giving ranged from $5K (2025) to $41K (2023). In 2025 it made 1 grant totaling $5K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Bdote Learning Center: $5KBdote Learning Center$5K

The largest 2025 recipient was Bdote Learning Center ($5K).

Grant Size Distribution

12 grants across all recorded years

12<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 12 grants of 12 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Bdote Learning Center Minneapolis, MNSupport a Partnership to Enhance Early Literacy Practices$5,250

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$200K$400K$600K$800K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$436,431$358,049$358,447
Revenue$636,658$648,812$610,219
Expenses$631,493$623,484$627,499
Net Investment Income$254$718$655

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2022 (received by the IRS January 13, 2023)
  2. Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2023)
  3. Updated Form 990 for fiscal year 2024 (received by the IRS December 20, 2024)
  4. Updated Form 990 for fiscal year 2025 (received by the IRS December 1, 2025)
  5. IRS filings on file for fiscal years 2020–2025

Leadership & Key People

Officers and directors from IRS filings

Innovative Quality Schools is led by Steve Kelley, Chair since 2022 (on filings since 2020); none of the 10 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Steve Kelley

    Chair

    Director → Chair, 2022

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Bennice Young

    Director

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • Katie Pekel

    Director

    On filings since 2024

    1.5 hrs/week

    No compensation reported

  • Rhonda Dean

    Director

    On filings since 2024

    1.5 hrs/week

    No compensation reported

  • Robin Manthie

    Director

    On filings since 2024

    1.5 hrs/week

    No compensation reported

  • Tash Van Lieshout

    Director

    On filings since 2024

    1.5 hrs/week

    No compensation reported

  • Kristin Nielson

    Director

    New on the 2025 filing

    1.5 hrs/week

    No compensation reported

  • Holly Dayton

    Vice Chair

    Vice Chair → Director, 2022

    Director → Vice Chair, 2023

    On filings since 2020

    2 hrs/week

    No compensation reported

  • Haben Ghebregergish

    Secretary

    Director → Secretary, 2023

    On filings since 2022

    1.5 hrs/week

    No compensation reported

  • John Schultz

    Treasurer

    On filings since 2024

    3 hrs/week

    No compensation reported

Former officers (11)
  • Former: David Johnson (2020–2023) — Director
  • Former: Kristin Anderson (2020–2023) — Director
  • Former: Greg Thelen (2022–2023) — Treasurer
  • Former: Ali Shaikh (2023) — Director
  • Former: Shannon Mitchell (2023) — Director
  • Former: Tash Bottum (2023) — Director
  • Former: Dan Mott (2020–2022) — Vice Chair
  • Former: Ed Dirkswager (2020–2022) — Director
  • Former: Sarah Tucher (2020–2022) — Treasurer
  • Former: Julie Sabo (2020–2021) — Director
  • Former: Mary Otto (2021) — Director

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Innovative Quality Schools

How much does Innovative Quality Schools give each year?

Innovative Quality Schools gave $5K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $27K across 3 grants.

How large is Innovative Quality Schools?

Innovative Quality Schools reported $436K in total assets on its 2025 IRS Form 990. Its revenue that year was $637K.

What is Innovative Quality Schools?

Innovative Quality Schools is a public charity focused on Education, based in Hutchinson, MN. It holds $436K in total assets as of 2025.

Where does Innovative Quality Schools operate?

Innovative Quality Schools has awarded grants in Minnesota.

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.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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