NonprofitsInstitute For Quality Education Inc

Education

Institute For Quality Education Inc

INDIANAPOLIS, IN

Total revenue

$16.4M

Total expenses

$12.3M

Net assets

$18.7M

Grants received

$18.1M

86 grants

EIN

351836687

Tax year

2023

Mission

To provide tuition assistance to low-income families for primary and secondary education.

Programs

2 programs

In addition to providing tuition assistance to low income families, the organization serves works with over 85% of the charter schools in the state by convening and leading the indiana charter school network.

The organization works to develop, advocate and implement k-12 education policies at the state level to help support educational freedom for all hoosier families and educators. The organization works to educate families, educators, community leaders citizens, and policy makers in the importance of access to a high quality education for all of indiana's students so they each may learn in an environment that best meets their unique learning needs and allows them the opportunity to reach their full potential.

Financials

FY 2023

Revenue

Contributions & grants$16.3M
Program service revenue
Investment income$45K
Other revenue$12K
Total revenue$16.4M

Expenses

Grants paid$9.5M
Salaries & benefits$1.2M
Fundraising$54K
Other expenses$1.6M
Total expenses$12.3M
Total assets$19.2M
Net assets$18.7M

People

8 listed

NameRoleCompensation

BETSY WILEY

PRESIDENT

Board

$156K

24 hrs/wk

DAN ELSENER

BOARD MEMBER

Board

1 hrs/wk

ROBERT ENLOW

BOARD MEMBER

Board

1 hrs/wk

HEATHER WILLEY HARRIS

BOARD MEMBER

Board

1 hrs/wk

AL HUBBARD

CHAIRMAN

Board

1 hrs/wk

JEFF KNIGHT

BOARD MEMBER

Board

1 hrs/wk

SCOTT BESS

BOARD MEMBER

Board

1 hrs/wk

NEIL PICKETT

BOARD MEMBER

Board

1 hrs/wk

Independent contractors

THE PROSPER GROUP CORPORATION

ADVERTISING

$499K

MEYER CONSULTING LLC

ADVERTISING

$230K

Grants received

Showing 86 of 86

FromAmountPurposeYear
$2.6M
COMMUNITY DEVELOPMENT
2024
$308K
PARTNER INVESTMENT
2024
$225K
EDUCATIONAL CHOICE SUPPORT IN IN
2024
$150K
General operating support with the intention of continuing to improve the quality of education for all Indiana students by: engaging and informing parents, educators, and policy makers; analyzing data; and promoting and implementing policies that work.
2024
$71K
FOR RECIPIENT'S EXEMPT PURPOSE
2024
$8K
SUPPORT EDUCATION AWARENESS EVENTS
2024
$8K
GENERAL SUPPORT
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$600K
Operating Support 2023-2025
2023
$450K
To support policy and communications in Indiana.
2023
$255K
THE GRANT IS PROVIDED TO ASSIST INSTITUTE FOR QUALITY EDUCATION INC. IN FURTHERING ITS CHARITABLE PURPOSES UNDER CODE SECTION 501(C)(3). SPECIFICALLY, THE MIND TRUST SEEKS TO ASSIST INSTITUTE FOR QUALITY EDUCATION INC. IN EDUCATING POLICYMAKERS AND THOUGHT LEADERS ON CHALLENGES IN K-12 EDUCATION AND THE IMPACT OF HIGH-QUALITY CHARTER SCHOOLS AND INNOVATION SCHOOLS.
2023
$100K
EDUCATIONAL CHOICE EFFORTS IN IN
2023
$100K
TO SUPPORT DESIGNING OR DEVELOPING NEW SOLUTIONS TO HELP FAMILIES FURTHEST FROM OPPORTUNITY ACCESS FLEXIBLE, PERSONALIZED LEARNING OPTIONS
2023
$37K
For grant recipient's exempt purposes
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$20K
2023 Indiana Educational Excellence Awards Gala
2023
$15K
UNRESTRICTED GENERAL SUPPORT
2023
$10K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$10K
SUPPORT EDUCATION AWARENESS EVENTS
2023
$5K
SUPPORT EDUCATIONAL EXCELLENCE
2023
$1K
CAPITAL IMPROVEMENT PROJECTS AND BASEBALL EQUIPMENT
2023
$500
MATCHING GIFTS
2023
$575K
To support policy and communications in Indiana.
2022
$325K
EDUCATIONAL CHOICE EFFORTS IN IN
2022
$200K
SEE ATTACHED
2022
$200K
General Operating Support 2021-2022
2022
$150K
SEE PART IV
2022
$65K
For scholarship support at Theodore Guerin High School
2022
$64K
For grant recipient's exempt purposes
2022
$25K
To support the IDOE's first-ever Educational Excellence Awards Gala.
2022
$21K
Educational Excellence Awards Gala Sponsorship
2022
$11K
GENERAL SUPPORT
2022
$10K
For Columbus Christian School
2022
$7K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$6K
SUPPORT EDUCATION AWARENESS EVENTS
2022
$5K
SUPPORT EDUCATIONAL EXCELLENCE
2022
$5K
UNRESTRICTED GENERAL SUPPORT
2022
$1K
Matching Grant - for ICSN Advocacy
2022
$500
EMPLOYEE MATCHING GIFT DONATION
2022
$500
MATCHING GIFTS
2022
$200
EMPLOYEE MATCHING GIFT(S)
2022
$405K
OPERATING SUPPORT
2021
$90K
EMPLOYEE MATCHING GIFT(S)
2021
$31K
For grant recipient's exempt purposes
2021
$31K
For grant recipient's exempt purposes
2021
$13K
For recipient's exempt purpose
2021
$10K
SUPPORT EDUCATION EXCELLENCE FUNDRAISER
2021
$650K
General Operating Support
2020
$200K
EDUCATIONAL CHOICE EFFORTS IN IN
2020
$150K
SEE PART IV
2020
$115K
For grant recipient's exempt purposes
2020
$100K
SEE ATTACHED
2020
$100K
COVID-19 Relief Efforts
2020
$90K
EMPLOYEE MATCHING GIFT(S)
2020
$20K
Indiana Charter Facility Index Report
2020
$8K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$1K
EMPLOYEE MATCHING GIFTS
2020
$1K
MATCHING GIFTS
2020
$250
EMPLOYEE GIVING PROGRAM
2020
$50
GENERAL EXEMPT PURPOSE
2020
Charitable Operations
2020
$150K
SEE PART IV
2019
$150K
SEE ATTACHED
2019
$18K
For grant recipient's exempt purposes
2019
$150K
SEE PART IV
2018
$10K
Unrestricted
2018
$10K
For grant recipient's exempt purposes
2018
$11K
SOCIAL SERVICES/SOCIAL BENEFITS
2017

Funded by

$18.1M from 32 funders · 86 grants · 2017–2024

Natl Christian Charitable Fdn Inc

$11.1M · 5 grants · 2020–2024

Walton Family Foundation Inc

$1.8M · 5 grants · 2020–2023

The Mind Trust Inc

$1.0M · 5 grants · 2019–2024

Richard M Fairbanks Foundation Inc

$861K · 5 grants · 2020–2023

American Federation For Children Growth

$850K · 4 grants · 2020–2024

EdChoice Inc

$750K · 5 grants · 2018–2024

Campaign For Great Public Schools

$405K · 1 grant · 2021

Fidelity Investments Charitable Gift Fund

$304K · 7 grants · 2018–2023

Details

EIN351836687
NTEE codeB99Z
Subsection03
Ruling date1991-11
Formed1991
Employees11
Volunteers7
INSTITUTE FOR QUALITY EDUCATION INC — Mission, Financials & Grants Received | Grantivo