Public Charity

INNOVATIVE QUALITY SCHOOLS

Based in HUTCHINSON, MN, INNOVATIVE QUALITY SCHOOLS operates as a Public Charity. The organization reported $637K in revenue, $631K in expenses, $436K in total assets for fiscal year 2025. Imperigo tracks 14 reported grants from this foundation totaling approximately $130K.

EIN: 270574007 HUTCHINSON, MN Latest filing: 2025
Total Revenue$637K
Total Expenses$631K
Total Assets$436K
Grants Given14
Grant Total$130K
Filing Years2021–2025

Mission

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

Sample Grants Given

MINNEAPOLIS, MN · 2024
SUPPORT A PARTNERSHIP TO ENHANCE EARLY LITERACY PRACTICES
$5,250
Minneapolis, MN · 2023
Support a partnership to develop systems and processes to support governance and operations
$13,174
Brooklyn Center, MN · 2023
PeaceMaker Minnesota Grant Partnership and Groves Literacy Partnership
$8,542
Brooklyn Park, MN · 2023
Support Groves Literacy
$5,413
Maple Grove, MN · 2022
Math and Operations Grants, Grant to support Innocent Classroom Partnership
$23,653

Showing up to 5 of 14 total records — full history available with membership.

Officers & Directors

DIRECTOR Bennice Young
SECRETARY Haben Ghebregergish
VICE CHAIR Holly Dayton
TREASURER John Schultz
DIRECTOR Katie Pekel
DIRECTOR Kristin Nielson

Officer compensation and complete director data available with membership.

Top Grant Purposes

To provide financial support to school to assist the school to continue to envolve and grow in their commitment to innovation and school success.
$46,729 5 grants
Math and Operations Grants, Grant to support Innocent Classroom Partnership
$23,653 1 grant
Support a partnership to develop systems and processes to support governance and operations
$19,999 2 grants
To provide financial support to school to assist the school in early literacy curriculum and instruction.
$10,000 1 grant
PeaceMaker Minnesota Grant Partnership and Groves Literacy Partnership
$8,542 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $637K $631K $436K
2024 $649K $623K $358K
2023 $610K $627K $358K
2022 $603K $557K $388K
2021 $513K $465K $327K

Between 2021 and 2025, reported annual revenue grew from $513K to $637K (+24%), with total assets most recently reported at $436K.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in MN.

MN

Full geographic grant map with state-by-state breakdown available with membership.

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