Release, Inc.
Legal name: Release Inc
Nonprofit profile at a glance
- EIN
- 391900136
- IRS 990 coverage
- 2010–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Omaha, NE, US
- Phone
- (402) 455-0808
- Rating
- 85
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Christianity
- Affiliation
- Christianity
Reported finances
- Revenue
- $4,062,254
- Expenses
- $4,036,670
- Assets
- $2,334,630
- Liabilities
- $310,199
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
15 people listed
Executive titles in this filing
- DAVID WININGER (EXECUTIVE DIRECTOR - SINCE)
- GARRETT P SWANBERG (EXECUTIVE DIRECTOR)
Highest reported compensation
- DAVID WININGER (EXECUTIVE DIRECTOR - SINCE): $97,330 total reported compensation
- GARRETT P SWANBERG (EXECUTIVE DIRECTOR): $81,193 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To see youth, future generations, and society transformed through a relationship with God and loving adults.
What it reported doing in 2024
Mentoring program - juvenile justice mentoring equips, disciples, and supports youth through a network of professionals and volunteers who provide relational support, skills acqisition, and spiritual foundations. 109 youths mentored in a one-to-one mentoring relationships, 1,668 youths served by chaplains & mentors in institutions.
Operating model
- Revenue model
- Earned-program. 84% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 90
- Transparency & Controls: 86
- Accountability: 84
- Sustainability: 36
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 93.1%; rating input score 93
- Program expense ratio: 93.7%; rating input score 94
- Fundraising efficiency: $26.69 raised per $1 spent on fundraising; rating input score 67; 67th percentile among comparable filings
Transparency & Controls
- Consistency checks: 93.3%; rating input score 93; 17th percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 8 controls in place; rating input score 62
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Fail
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: 0.6%; rating input score 36; 36th percentile among comparable filings
- Total-asset coverage ratio: 0.58; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.13; rating input score 53; 53rd percentile among comparable filings
- Officer compensation ratio: 4.4%; rating input score 58; 58th percentile among comparable filings
Growth
- Program expense growth: 16% per year; rating input score 100; 80th percentile among comparable filings
- Revenue growth: 15.3% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 15% per year; rating input score 100; 74th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 93.1% of revenue deployed · 93.7% of spending went to programs
- Governance: 13 of 13 board members independent · 5 of 8 filing controls reported
- Programs: 4 filed program accomplishments · $3.8M in reported program spending
- Leadership: top reported pay $97K · 15 people listed
- Consistency: 29 of 30 current checks pass · 1 finding to review
- Schedules: 7 filed schedules · includes major donors
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 2 filed money-flow records
- Related organizations: 2 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Accountability: Governance controls: 3 of 8 not reported.
- Moderate — Sustainability: Operating margin scored 36/100.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- Review — Sustainability: Liabilities to assets ratio scored 53/100.
- Review — Sustainability: Officer compensation ratio scored 58/100.