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
No grants recorded for .
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
Related Funders
Similar funders by location and focus area
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MINNETONKA, MN
Assets
—
Grants
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Total Given
$410K
The Geyer Family Foundation
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Assets
—
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Total Given
$35K
Love 4 One Another Charities
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Assets
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Grants
1
Total Given
$90K
Donald and Luella Zibell Family Foundation
NORTHFIELD, MN
Assets
—
Grants
8
Total Given
$80K
Minnesota Citizens Concerned
MINNEAPOLIS, MN
Assets
$745K
Grants
2
Total Given
$942K
Clearway Minnesota (sm)
MINNEAPOLIS, MN
Assets
—
Grants
6
Total Given
$442K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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