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Innovative Quality Schools

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270574007 ✦ Hutchinson, MN ✦ Designated as a 501(c)(3)

Overview

What is Innovative Quality Schools?

Innovative Quality Schools is a prominent nonprofit organization based in Hutchinson, Minnesota. Their primary focus is on authorizing charter schools, promoting educational innovation in both Minneapolis/Saint Paul and beyond greater Minnesota. During fiscal year 2023, they authorized thirty-three charter schools, serving over 8,000 students. Aligned with their mission, Innovative Quality Schools granted over $50,000 to support early literacy, educational equity, and innovation within these schools. Driven by values such as innovation, organizational excellence, collaboration, accountability, and equity, they strive to improve the educational landscape in Minnesota.


Official website here: www.iqsmn.org

Is Innovative Quality Schools legitimate?

Innovative Quality Schools is a legitimate nonprofit organization registered as a 501(c)(3) entity. Innovative Quality Schools submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.iqsmn.org

What is the mission statement of Innovative Quality Schools?

Innovative Quality Schools (IQS) is committed to promoting the authorization of charter schools that demonstrate innovation and success in helping students reach their full potential. Their mission is centered around achieving success for all learners by supporting schools engaged in educational innovation. Decisions made by IQS are guided by key values, including a focus on innovation, organizing for educational excellence, collaboration, accountability, and promoting equity, diversity, and inclusion. They encourage taking risks, challenging old processes, and continuous adaptation to drive educational innovation.


Official website here: www.iqsmn.org

Who is the CEO of Innovative Quality Schools?

John Schultz is the Director of Innovative Quality Schools.


Official website here: www.iqsmn.org

What is the revenue of Innovative Quality Schools?

Innovative Quality Schools's revenue in 2023 was $610,219.


Official website here: www.iqsmn.org

Who are the executives of Innovative Quality Schools and what are their salaries?

Here are 10 key members and their salaries:

    Kristin Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Shannon Mitchell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tash Bottum (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bennice Young (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ali Shaikh (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Haben Ghebregergish (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Thelen (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holly Dayton (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Kelly (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.iqsmn.org

    Where can I find the form 990 for Innovative Quality Schools?

    The Innovative Quality Schools’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.iqsmn.org

    Learn more at the official website: www.iqsmn.org

    Mission Statement of Innovative Quality Schools

    Innovative Quality Schools, as an organization, is dedicated to authorizing charter schools that excel in preparing students to reach their full potential. Their mission is centered around fostering educational innovation and achieving success for all learners. This is achieved by evaluating and supporting schools that embrace novel approaches and challenge traditional educational methods. The organization is committed to continuously adapting and improving its performance based on the results of its assessments.

    Furthermore, Innovative Quality Schools values collaboration, encouraging an open exchange of ideas, respect for diversity, and a challenge to one's own assumptions. They believe in the power of interdependence and active listening. The organization also holds accountability as a core value, utilizing fair and rigorous procedures to evaluate the schools in their portfolio. By promoting equity, diversity, and inclusion, Innovative Quality Schools supports initiatives that provide equal educational opportunities and strive for a diverse representation within their organization.

    Impact

    This information is meant to be a general summary of Innovative Quality Schools. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Innovative Quality Schools has a significant impact on the education landscape in Minnesota. By authorizing thirty-three charter schools engaged in educational innovation, they are directly impacting over 8,000 students and their families. Through their support of early literacy, educational equity, and innovation grants totaling over $50,000, they are actively working towards preparing students to achieve their full potential. Their values of focusing on innovation, organizing for educational excellence, commitment to collaboration, ensuring accountability, and promoting equity, diversity, and inclusion guide their decisions and actions, further strengthening their impact on the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $655
  • Program Service Revenue: $609,564
  • Gross Receipts: $610,219

    • Assets and Liabilities:
  • Total Assets: $358,447
  • Total Liabilities: $29,182
  • Net Assets: $329,265
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    Authorizer fees

    Revenue

    $606,539

    Organization Details

    Founding Year

    2010

    Principal Officer

    John Schultz

    Main Address

    PO Box 580, Hutchinson, MN, 55350

    NTEE Category

    Code: B90 - Education

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