Innovative Quality Schools
Hutchinson, Minnesota
BHealth Score
61B
Financial Health Score
8-metric score across financial health, operational efficiency, and resilience. Based on IRS Form 990 filing data.
Above Average
💰
$649K
Total Revenue
📊
$623K
Total Expenses
🏦
$342K
Net Assets
📋
$17K
Total Liabilities
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Revenue Growth
+6.3%
Year-over-year change (2023 → 2024)
Net Margin
+3.9%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.55
Net assets divided by total expenses
Liabilities-to-Assets
4.6%
Total liabilities as % of total assets
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2024 | $648,812↑6% | $623,484↓1% | $358,049 | — |
| 2023 | $610,219↑1% | $627,499↑13% | $358,447↓8% | — |
| 2022 | $603,324↑18% | $557,083↑20% | $388,465↑19% | — |
| 2021 | $513,142↑13% | $464,785↑12% | $327,339↑29% | — |
| 2020 | $455,295↑11% | $416,671↓1% | $253,981↑13% | — |
| 2019 | $408,347↓2% | $419,838↑8% | $225,694↓11% | — |
| 2018 | $417,907↑14% | $390,234↑36% | $254,642↑18% | — |
| 2017 | $366,710↑12% | $287,793↑9% | $216,255↑68% | — |
| 2016 | $326,169↑18% | $263,319↑11% | $128,806↓21% | — |
| 2015 | $276,936↑10% | $236,760↓6% | $164,021↑33% | — |
| 2014 | $250,971↑17% | $250,867↑27% | $122,935↑152% | — |
| 2013 | $214,485↑249% | $197,347↑221% | $48,829↑85% | — |
| 2012 | $61,381 | $61,461 | $26,410 | — |
Frequently Asked Questions
What does Innovative Quality Schools do?▼
Innovative Quality Schools is a education nonprofit organization based in Minnesota. It is classified under NTEE code B90 and is registered as a 501(c) tax-exempt organization with the IRS.
Is Innovative Quality Schools financially healthy?▼
Financial health scoring requires Form 990 filing data. Check back as we process more filings for Innovative Quality Schools.
How much revenue does Innovative Quality Schools generate?▼
Innovative Quality Schools reports $637K in annual revenue and holds $436K in total assets, based on IRS filings.