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Institute For Quality Education Inc

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

EIN: 351836687 ✦ Indianapolis, IN ✦ Designated as a 501(c)(3)

Overview

What is Institute For Quality Education Inc?

The Institute For Quality Education Inc, based in Indianapolis, Indiana, is a certified scholarship-granting organization, as recognized by the Indiana Department of Education. With a team of nine dedicated employees, the organization provides tuition assistance to low-income families to help cover primary and secondary education expenses. Their mission goes beyond granting scholarships; they serve as a model for research and legislation, and strive to improve the educational system in Indiana through competition and innovation. The Institute conducts in-depth research and analysis on the primary educational system in Indiana, focusing on school choice and its various forms, and advocates for these options to the general public. The organization's primary goal is to make quality education accessible to all, ensuring that families in need have the opportunity to provide their children with a strong foundation for the future.


Official website here: www.i4qed.org

Is Institute For Quality Education Inc legitimate?

Institute For Quality Education Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Quality Education Inc 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: $167,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $904,635

For more financial information, click here


Official website here: www.i4qed.org

What is the mission statement of Institute For Quality Education Inc?

The Institute For Quality Education Inc is dedicated to assisting low-income families with their primary and secondary education expenses. The organization goes beyond just offering financial aid; it also functions as a model for research and legislation in the educational sector. By introducing competition into the educational system, the Institute encourages all schools to improve their performance. The Institute conducts comprehensive research and analysis on the primary educational system, focusing on school choice and its various forms across the United States and beyond. Furthermore, it aims to educate the public, particularly Indiana residents, about their educational options within the state.


Official website here: www.i4qed.org

Who is the CEO of Institute For Quality Education Inc?

Betsy Wiley is the Chairman of Institute For Quality Education Inc.


Official website here: www.i4qed.org

What is the revenue of Institute For Quality Education Inc?

Institute For Quality Education Inc's revenue in 2022 was $14,892,886.


Official website here: www.i4qed.org

Who are the executives of Institute For Quality Education Inc and what are their salaries?

The average compensation at Institute For Quality Education Inc during 2022 was $119,072. There are 9 employees and 7 volunteers at Institute For Quality Education Inc.

Here are 8 key members and their salaries:

    Betsy Wiley (President)
  • Compensation: $162,672
  • Related: $40,668
  • Other: $10,677

    • Al Hubbard (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dan Elsener (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Enlow (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Heather Willey Harris (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Neil Pickett (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Knight (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Bess (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.i4qed.org

    Where can I find the form 990 for Institute For Quality Education Inc?

    The Institute For Quality Education Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.i4qed.org

    Learn more at the official website: www.i4qed.org

    Mission Statement of Institute For Quality Education Inc

    The Institute For Quality Education Inc is a nonprofit organization committed to helping low-income families access primary and secondary education by providing much-needed tuition assistance. Beyond this key mission, the Institute serves as a trailblazer in research and legislation, advocating for improvements in the educational system as a whole.

    In the realm of research and analysis, the Institute focuses on the primary educational system in Indiana. This exploration encompasses various aspects of school choice, an approach that exists in numerous forms across the United States and beyond. By delving into these matters, the Institute aims to broaden the public's understanding of Indiana's educational landscape and the diverse options available to residents.

    In its mission to encourage growth and competition in the educational sector, the Institute For Quality Education Inc goes a step further. It not only offers financial assistance but also acts as a model and catalyst for change. By advocating for improvements and introducing competition into the system, the organization aspires to inspire all schools to strive for excellence.

    Through its research and educational efforts, the Institute For Quality Education Inc empowers Indiana residents to make informed decisions about their children's education. It is a driving force in the pursuit of quality education for all, fostering a brighter future for low-income families and, by extension, their communities.

    Impact

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




    Thursday, August 15, 2024

    Institute For Quality Education Inc's impact lies in providing tuition assistance to low-income families for primary and secondary education. As a certified scholarship granting organization in Indianapolis, IN, the Institute grants school scholarships to children to assist in tuition and fees. In the year ended 6/30/2022, 6,948 students received scholarships, enabling them to access quality education opportunities they may not have otherwise been able to afford. The organization's mission is to provide tuition assistance to low-income students, serve as a model for research and legislation, and encourage all schools to improve by introducing competition into the system. Additionally, the Institute conducts research and analysis about the primary educational system in Indiana, including school choice, and educates the public about educational options. Overall, its efforts contribute to improving educational access and quality for underserved students in Indiana.





    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 2022.

  • Investment Income: $0
  • Program Service Revenue: $0
  • Gross Receipts: $14,892,886

    • Assets and Liabilities:
  • Total Assets: $13,566,646
  • Total Liabilities: $121,302
  • Net Assets: $13,445,344
  • Organization Details

    Founding Year

    1991

    Principal Officer

    Betsy Wiley

    Main Address

    101 W OHIO ST SUITE 700, INDIANAPOLIS, IN, 46204

    NTEE Category

    Code: B99Z - Education

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