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Indiana · Nonprofit

HOOSIERS FOR QUALITY EDUCATION INC

HOOSIERS FOR QUALITY EDUCATION INC (Indiana) receives grants from 4 organizations whose IRS filings report $978,500 to it, the largest being AMERICAN FEDERATION FOR CHILDREN INC ($605,000). 3 of them have funded it in more than one year.

Revenue FY2025
$529k
Funders on record
4
Grants received
$979k
Net assets
$1.0M
3/4 repeat funderspeak grant-dependency 100%
01What it does

What Hoosiers for Quality Education Inc does

Mission

Educate the state of indiana's (the state) citizens and policy makers on the importance of a quality education and the importance it plays in indiana's economic vitality, competitiveness, and continuous improvement for the state to succeed in the global marketplace;

As stated on its FY2025 Form 990.

Program

  1. Educate the state of indiana's (the state) citizens and policy makers on the importance of a quality education and the importance it plays in indiana's economic vitality, competitiveness, and continuous improvement for the state to succeed in the global marketplace; to promote k-12 education public policies necessary to provide all hoosier students access to a quality education in an environment that best meets their learning needs, makes the state an attractive place to do business, live and raise a family, to increase high-paying job opportunities; to assist in helping individuals receive the education or credentials needed for these job opportunities, and to engage the state's citizens in making the state an economic powerhouse nationally and internationally; to increase public awareness of the importance of educational reform initiatives, including increased school choice and improving the quality of the k-12 educational system; and to support the economic growth of the state through improved education and expanded school choice.

    $204,784 spent
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $204,784.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($187k) Expenses 100 ($189k) Net assets 100 ($64k)2018 Revenue 53 ($100k) Expenses 32 ($60k) Net assets 163 ($104k)2019 Revenue 53 ($100k) Expenses 22 ($42k) Net assets 301 ($193k)2020 Revenue 155 ($291k) Expenses 49 ($92k) Net assets 611 ($391k)2021 Revenue 117 ($219k) Expenses 61 ($115k) Net assets 773 ($495k)2022 Revenue 214 ($400k) Expenses 154 ($290k) Net assets 944 ($605k)2023 Revenue 511 ($958k) Expenses 372 ($703k) Net assets 1342 ($860k)2024 Revenue 126 ($236k) Expenses 130 ($246k) Net assets 1327 ($850k)2025 Revenue 283 ($529k) Expenses 187 ($353k) Net assets 1602 ($1.0M)
'17'18'19'20'21'22'23'24'25
Revenue (283)Expenses (187)Net assets (1602)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $614k to $869k (+41%).

$106k
$145k
$202k
$442k
$505k
$614k
$869k
$859k
$1.0M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

99% of HOOSIERS FOR QUALITY EDUCATION INC’s revenue is contributions — more reliant on donations than three-quarters of its peers (62% for the typical peer).

This organization
Typical peer · 12,439 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 9 reported years ran a deficit.

−$2k
’17
$40k
’18
$58k
’19
$199k
’20
$104k
’21
$110k
’22
$255k
’23
−$10k
’24
$176k
’25
34
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Fred Klipsch

Chairman

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed578888889
Joined·+6+2+0+0+0+0+0+2
No longer listed·41000001
03Who funds it

Who funds it, year by year

2017 → 2023: the base held at 1 funder, grant income held at $100k.

Funder
'17
'18
'19
'20
'21
'22
'23
'24*
'25*
total
Yes Every Kid Incunclassified
$35k
funders
1
1
1
2
3
2
1
1
1

From the IRS filings of HOOSIERS FOR QUALITY EDUCATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

HOOSIERS FOR QUALITY EDUCATION INC leans on a few funders — its largest provides 62% of grant income and the top three 96%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HOOSIERS FOR QUALITY EDUCATION INC.

62%
largest funder
96%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 100% · 2020 100% · 2021 72% · 2022 80% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

HOOSIERS FOR QUALITY EDUCATION INC draws 100% of its grant income from funders outside Indiana, across 3 states in all.

OR
VA
MD

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Indiana out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

HOOSIERS FOR QUALITY EDUCATION INC runs a healthier operating margin than three-quarters of the 7,175 community improvement nonprofits its size.

Operating margin33% · top quartile
Months of reserve34.3mo · top quartile
Revenue growth (annualized)14% · above the median

this organization peer median middle 50% of peers· 7,175 community improvement nonprofits $100k–$1M, FY2025

Organizations like HOOSIERS FOR QUALITY EDUCATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Indiana

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

58% of spending goes to programs.

Program 58%Management 38%Fundraising 5%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 2 related entities

  • Institute for Quality Education Inc · exempt
  • Hoosiers for Quality Education Political Action Committee · exempt

Screen this organization

A dated, signed PDF of the compliance screen for HOOSIERS FOR QUALITY EDUCATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds HOOSIERS FOR QUALITY EDUCATION INC?
HOOSIERS FOR QUALITY EDUCATION INC (Indiana) receives grants from 4 organizations whose IRS filings report $978,500 to it, the largest being AMERICAN FEDERATION FOR CHILDREN INC ($605,000). 3 of them have funded it in more than one year.
How many funders does HOOSIERS FOR QUALITY EDUCATION INC have?
IRS filings report 4 organizations giving $978,500 in grants to HOOSIERS FOR QUALITY EDUCATION INC, 3 of which have funded it in more than one year.
Who is the largest funder of HOOSIERS FOR QUALITY EDUCATION INC?
AMERICAN FEDERATION FOR CHILDREN INC is the largest funder on record, with $605,000 in grants. The full list of funders is on this page.
How can an organization like HOOSIERS FOR QUALITY EDUCATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

Play a game about who funds Hoosiers for Quality Education →

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing