Innovative Quality Schools
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
Innovative Quality Schools at a glance
In short: Innovative Quality Schools gave $5K across 1 grant in 2025 (avg $5K), mostly in Minnesota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $5,250
- -80.6% vs 2024
- Grants made (2025)
- 1
- -66.7% vs 2024
- Average grant
- $5,250
- -41.9% vs 2024
- Median grant
- $5,250
- Total assets
- $436,431
- +21.9% vs 2024
- Primary geography
- Minnesota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Innovative Quality Schools funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Bdote Learning Center ($5K).
Grant Size Distribution
12 grants across all recorded years
The most common grant size was under $50K: 12 grants of 12 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How Innovative Quality Schools gives
- Giving fell 47% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $5K (2025) to $41K (2023). In 2025 it made 1 grant totaling $5K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Bdote Learning Center Minneapolis, MN | Support a Partnership to Enhance Early Literacy Practices | $5,250 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $436,431 | $636,658 | $631,493 | $5,250 | 1 | $254 |
| 2024 | $358,049 | $648,812 | $623,484 | $27,129 | 3 | $718 |
| 2023 | $358,447 | $610,219 | $627,499 | $41,078 | 4 | $655 |
| 2022 | $388,465 | $603,324 | $557,083 | $10,000 | 1 | $42 |
| 2021 | $327,339 | $513,142 | $464,785 | $30,000 | 3 | $40 |
| 2020 | $253,981 | $455,295 | $416,671 | $10,000 | 1 | $58 |
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
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.
Data update history
(5)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS January 13, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 13, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS December 20, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS December 1, 2025)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Innovative Quality Schools funds
Education Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Innovative Quality Schools's focus areas in our free grants database
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Innovative Quality Schools down — hundreds of funders to go?