Release Inc
- Assets
- $1.0m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 68
- Location
- Omaha, NE
- Founding
- 01/1999
- Data as of
- 06/2022
- EIN
- 39-1900136
Organization Overview
Release Inc is located in Omaha, NE. The organization was established in 1999. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Release Inc employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Release Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Release Inc generated $2.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.5% each year . All expenses for the organization totaled $2.6m during the year ending 06/2022. While expenses have increased by 16.1% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO AFFECT YOUTH AND THEIR FAMILIES WITH THE LIFE-CHANGING LOVE OF JESUS CHRIST, RELEASING THEM TO BE ALL GOD INTENDS THEM TO BE SAFE, TOGETHER, HEALTHY, FREE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY-BASED INITIATIVES THAT INCLUDE FAMILY SUPPORT, FAMILY PRESERVATION, FAMILY REUNIFICATION, AND PARENTING TIME SERVICES INTENDED TO HEAL, REUNITE, PRESERVE, AND STRENGTHEN THE MOST VULNERABLE FAMILIES OF DOUGLAS AND SARPY COUNTIES. SERVED OVER 250 FAMILIES AND 350 ASSOCIATED YOUTH.
JUVENILE JUSTICE MENTORING EQUIPS, DISCIPLES, AND SUPPORTS YOUTH THROUGH A NETWORK OF PROFESSIONALS AND VOLUNTEERS WHO PROVIDE RELATIONAL SUPPORT, SKILLS ACQISITION, AND SPIRITUAL FOUNDATIONS. 132 YOUTH WERE SERVED IN ONE-ON-ONE RELATIONSHIPS, 90 YOUTH SERVED IN GROUP MENTORING.
AS A STATE-LICENSED CHILD PLACING AGENCY, RELEASE OFFERS A WIDE VARIETY OF FOSTER CARE SERVICES. RELEASE PROVIDES INITIAL TRAINING AND ONGOING SUPPORT TO FOSTER FAMILES, ENABLING THEM TO PROVIDE TEMPORARY, LOVING HOMES, WHEN CHILDREN CANNOT REMAIN IN THEIR FAMILY HOMES.
RELEASE EMPLOYS A TEAM OF QUALIFIED CLINICIANS WHO WORK DILIGENTLY TO MEET THE EVER-GROWING MENTAL HEALTH NEEDS OF THE OMAHA AREA. WHILE RELEASE AS AN ORGANIZATION SPECIALIZES IN THE NEEDS OF YOUTH AND THEIR FAMILIES, RELEASE'S MENTAL HEALTH DIVISION SERVES CLIENTS OF ALL AGES, BACKGROUNDS, AND PRESENTING PROBLEMS IN ADDITION TO WORKING WITH YOUTH AND FAMILIES INVOLVED IN THE CHILD WELFARE SYSTEM.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Martin President | OfficerTrustee | 5 | $0 |
Aimee Lowe Vice President | OfficerTrustee | 2 | $0 |
David Raymond Secretary | OfficerTrustee | 2 | $0 |
Christopher Felts Treasurer | Trustee | 2 | $0 |
Eldridge Bell Board Member | Trustee | 2 | $0 |
Elizabeth Lindmier Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $368,423 |
| Noncash contributions included in lines 1a–1f | $32,016 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $368,423 |
| Total Program Service Revenue | $2,315,308 |
| Investment income | $311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $211,653 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,895,695 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $101,112 |
| Compensation of current officers, directors, key employees. | $9,499 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,553,795 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $119,928 |
| Fees for services: Management | $14,870 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,650 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $14,875 |
| Office expenses | $17,013 |
| Information technology | $6,952 |
| Royalties | $0 |
| Occupancy | $34,508 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $35 |
| Insurance | $32,901 |
| All other expenses | $7,922 |
| Total functional expenses | $2,613,353 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $561,033 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $452,758 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $35 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,013,826 |
| Accounts payable and accrued expenses | $31,906 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $5,450 |
| Other liabilities | $14,168 |
| Total liabilities | $51,524 |
| Net assets without donor restrictions | $962,302 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,013,826 |