Civic Intelligence

Bit-By-Bit Inc.

990 • Fiscal year 2017 • EIN 03-0468799

Jan 01, 2017 to Dec 31, 2017 • Filed on May 10, 2018

3141 SW 118th TerraceDavie, FL 33312

(754) 779-7888

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

88th percentile

0.65x

Higher debt load relative to assets than 88% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Liabilities / Revenue

86th percentile

0.61x

Higher debt load relative to revenue than 86% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Net Margin

76th percentile

19%

Higher net margin than 76% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Source year 2017

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2017

Asset Growth

80th percentile

23%

Faster asset growth than 80% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Revenue Growth

92nd percentile

88%

Faster revenue growth than 92% of similar nonprofits.

2017 filings • 501(c)3 • $500k-$1M nonprofits • Annualized from 2016 to 2017

Assets

Up

$527,028

Up $98,777 (+23%) from 2016

Net Assets

Up

$186,889

Up $130,276 (+230%) from 2016

Liabilities

Down

$340,139

Down $31,499 (-8.5%) from 2016

Revenue

Up

$561,072

Up $262,504 (+88%) from 2016

Expenses

Up

$455,796

Up $102,920 (+29%) from 2016

Net Income

Up

$105,276

Up $159,584 (+294%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0M$500K$0Assets 2011: $180,201Liabilities 2011: $19,500Net Assets 2011: $160,7012011Assets 2012: $168,083Liabilities 2012: $28,261Net Assets 2012: $139,8222012Assets 2013: $140,787Liabilities 2013: $24,441Net Assets 2013: $116,3462013Assets 2014: $458,970Liabilities 2014: $337,518Net Assets 2014: $121,4522014Assets 2015: $452,818Liabilities 2015: $333,280Net Assets 2015: $119,5382015Assets 2016: $428,251Liabilities 2016: $371,638Net Assets 2016: $56,6132016Assets 2017: $527,028Liabilities 2017: $340,139Net Assets 2017: $186,8892017Assets 2018: $586,222Liabilities 2018: $334,663Net Assets 2018: $251,5592018Assets 2019: $630,529Liabilities 2019: $288,333Net Assets 2019: $342,1962019Assets 2020: $640,676Liabilities 2020: $279,140Net Assets 2020: $361,5362020Assets 2021: $641,708Liabilities 2021: $250,098Net Assets 2021: $391,6102021Assets 2022: $705,294Liabilities 2022: $223,249Net Assets 2022: $482,0452022Assets 2023: $810,050Liabilities 2023: $212,057Net Assets 2023: $597,9932023Assets 2024: $834,004Liabilities 2024: $76,197Net Assets 2024: $757,8072024

Highlighted filing

2017

Assets$527,028
Liabilities$340,139
Net Assets$186,889

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$1.0M$500K$0-$500KRevenue 2011: $331,576Expenses 2011: $315,103Net Income 2011: $16,4732011Revenue 2012: $270,652Expenses 2012: $291,531Net Income 2012: -$20,8792012Revenue 2013: $285,992Expenses 2013: $309,468Net Income 2013: -$23,4762013Revenue 2014: $336,406Expenses 2014: $331,300Net Income 2014: $5,1062014Revenue 2015: $340,287Expenses 2015: $342,201Net Income 2015: -$1,9142015Revenue 2016: $298,568Expenses 2016: $352,876Net Income 2016: -$54,3082016Revenue 2017: $561,072Expenses 2017: $455,796Net Income 2017: $105,2762017Revenue 2018: $604,574Expenses 2018: $514,904Net Income 2018: $89,6702018Revenue 2019: $644,749Expenses 2019: $554,112Net Income 2019: $90,6372019Revenue 2020: $494,404Expenses 2020: $475,064Net Income 2020: $19,3402020Revenue 2021: $537,433Expenses 2021: $507,359Net Income 2021: $30,0742021Revenue 2022: $621,998Expenses 2022: $542,492Net Income 2022: $79,5062022Revenue 2023: $774,793Expenses 2023: $658,846Net Income 2023: $115,9472023Revenue 2024: $769,137Expenses 2024: $609,323Net Income 2024: $159,8142024

Highlighted filing

2017

Revenue$561,072
Expenses$455,796
Net Income$105,276
Jump To
Filing Snapshot
Filing Period
Jan 1, 2017 to Dec 31, 2017
Signed
May 10, 2018
Return Version
2017v2.2
Gross Receipts
$561,072
Mission and Program Overview

Mission

Our Mission is to improve the community by healing with the help of the horse, promoting independence for at-risk youth, special needs people and disabled veterans, educating through mentoring the next generation, and providing quality hands-on learning opportunities that facilitate community involvement through successful and meaningful volunteer experiences.

Our Mission is to improve the community by healing with the help of the horse.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$328,463$313,430▼ $15,033
Cash and Non-Interest-Bearing Accounts$85,096$198,359▲ $113,263
Prepaid Expenses and Deferred Charges$10,515$11,709▲ $1,194
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$428,251$527,028▲ $98,777
Other Assets Total$4,177$3,530▼ $647
Liabilities
Mortgage Notes Payable Secured by Investment Property$313,765$308,007▼ $5,758
Deferred Revenue$33,307--
Accounts Payable and Accrued Expenses$24,566$32,132▲ $7,566
Total Liabilities$371,638$340,139▼ $31,499
Net Assets / Fund Balance
Unrestricted Net Assets$56,613$161,889▲ $105,276
Temporarily Rstr Net Assets-$25,000-
Total Net Assets Fund Balance$56,613$186,889▲ $130,276
Total Liabilities and Net Assets / Fund Balance$428,251$527,028▲ $98,777

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$313,430$100,239-
Compensation and Service Providers

Board Members and Trustees

NameTitle
Sara GreeneChairman
Denese EdselDirector
Emme LigelkelkisDirector
Susan MarchExecutive Director
Alice WoodsSecretary
Kathleen PeguesTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$230,085
Program Service Revenue
$330,987
Investment Income
$0
Other Revenue
$0
All Other Contributions
$46,227
Change in Net Assets
$105,276

Audited Revenue Reconciliation

Revenue per Audited Statements
$561,072
Total Revenue per Audited Statements
$561,072
Total Revenue per Form 990
$561,072
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$281,887
Salaries, Compensation, and Employee Benefits$105,318
Total Fundraising Expense$71,897
Professional Fundraising Fees$68,591
Grants and Similar Amounts Paid$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Management$160,242$3,340-$163,582
Other Salaries and Wages$105,318--$105,318
Fees for Services Professional Fundraising--$68,591$68,591
Depreciation Depletion-$19,909-$19,909
Interest-$15,590-$15,590
Advertising$1,685$9,383-$11,068
Office Expenses-$1,978$2,919$4,897
All Other Expenses$3,300$1,192-$4,492
Fees for Services Accounting-$3,250-$3,250
Other Expenses$2,654$2,776-$2,654
Insurance$1,538-$387$1,925
Total Functional Expenses$305,258$78,641$71,897$455,796

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$455,796
Total Expenses per Audited Statements$455,796
Total Expenses per Form 990$455,796
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
Yes

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$68,591
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

No review was or will be conducted.

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

No documents available to the public.

Filing and Contact Details

Filer

Filer Name
Bit-By-Bit Inc
EIN
03-0468799
Phone
7547797888
Address
3141 SW 118th Terrace, Davie, FL 33312

Signing Officer

Name
Susan March
Title
Executive Director
Signed
2018-05-10
Discuss with paid preparer
Yes

Organization Details

Legal Domicile
Fl
Voting Board Members
6
Independent Board Members
6
Employees
2
Volunteers
802

Preparer

Firm
Scott Halperin CPA
Address
7050 W Palmetto Park Road Suite 15-, Boca Raton, FL 33433
Preparer
Scott Halperin CPA
Phone
5613953930
Supplemental Narrative

Additional Explanations

Other Changes In Net Assets Or Fund Balances - Other Increases

Temporary Restricted Contribution = $25000

Financial Statement Notes

Part X : FIN48 Footnote

As of December 31, 2017 the Organization has concluded there are no uncertain tax positions, which includes their tax status.

Raw XML Appendix392 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Desc0At Bit-By-Bit, our vision is to help people with special needs reach their full potential by providing healing programs with the help of the horse!This year was an amazing year of growth and development at Bit-By-Bit. Our accomplishments in 2017 include: 1) Purchased a brand new medical treatment building, thanks to a generous gift from The Chive Charity. This new space enables us to serve more clients. 2) Held our first large gala event, The Meggan Morency Wild West Night, which raised over $150,000 enabling us to double the capacity for the free Horses For Heroes disabled veterans therapeutic riding program. 3) Increased our overall Program Revenue by 30% enabling us to provide approximately 6,000 Physical, Occupational and Speech Therapy sessions last year. 4) Further developed our volunteer program by providing 24 new volunteer orientations and various advanced workshops and trainings. 5) Provided an extensive cross training program for all of our equine partners. 6) Increased our staff by training and hiring additional therapists and equine specialists which again helped us to provide services to more clients. 7) Collaborated with health care sciences students from Nova University to conduct research for the exciting field of Equine Assisted Activities and Therapies (EAAT). 8) Accepted dozens of allied health interns from many colleges and universities, both in and out of state, who are required to complete Level 1 and Level 2 Supervised Internships in order to receive their licenses to practice
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IRS990/PYOtherExpensesAmt0266221
IRS990/PYProgramServiceRevenueAmt0270749
IRS990/PYRevenuesLessExpensesAmt0-54308
IRS990/PYSalariesCompEmpBnftPaidAmt086655
IRS990/PYTotalExpensesAmt0352876
IRS990/PYTotalRevenueAmt0298568
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0105276
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt0561072
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt0298568
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0370910
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0380629
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt01611179
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt01611179
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt0561072
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt0298568
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0370910
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0380629
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt01611179
IRS990ScheduleA/TotalSupportAmt01611179
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/EquipmentGrp/BookValueAmt0313430
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0100239
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0413669
IRS990ScheduleD/ExpensesSubtotalAmt0455796
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/RevenueSubtotalAmt0561072
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0As of December 31, 2017 the Organization has concluded there are no uncertain tax positions, which includes their tax status.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0313430
IRS990ScheduleD/TotalExpensesPerForm990Amt0455796
IRS990ScheduleD/TotalRevenuePerForm990Amt0561072
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0561072
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0455796
IRS990ScheduleG/AgrmtProfFundraisingActyInd0false
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0false
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0No review was or will be conducted.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1No documents available to the public.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Temporary Restricted Contribution = $25000
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Other Changes In Net Assets Or Fund Balances - Other Increases
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0true
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false
IRS990/TaxablePartyNotificationInd0false
IRS990/TaxExemptBondsInd0false
IRS990/TemporarilyRstrNetAssetsGrp/EOYAmt025000
IRS990/TempOrPermanentEndowmentsInd0false
IRS990/TerminateOperationsInd0false
IRS990/TotalAssetsBOYAmt0428251
IRS990/TotalAssetsEOYAmt0527028
IRS990/TotalAssetsGrp/BOYAmt0428251
IRS990/TotalAssetsGrp/EOYAmt0527028
IRS990/TotalCompGreaterThan150KInd0false
IRS990/TotalContributionsAmt0230085
IRS990/TotalEmployeeCnt02
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt071897
IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt078641
IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt0305258
IRS990/TotalFunctionalExpensesGrp/TotalAmt0455796
IRS990/TotalGrossUBIAmt00
IRS990/TotalLiabilitiesBOYAmt0371638
IRS990/TotalLiabilitiesEOYAmt0340139
IRS990/TotalLiabilitiesGrp/BOYAmt0371638
IRS990/TotalLiabilitiesGrp/EOYAmt0340139
IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt056613
IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt0186889
IRS990/TotalProgramServiceExpensesAmt0305258
IRS990/TotalProgramServiceRevenueAmt0330987
IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt0330987
IRS990/TotalRevenueGrp/TotalRevenueColumnAmt0561072
IRS990/TotalVolunteersCnt0802
IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt0428251
IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt0527028
IRS990/TravelGrp/TotalAmt00
IRS990/TrnsfrExmptNonChrtblRltdOrgInd0false
IRS990/TypeOfOrganizationCorpInd0X
IRS990/UnrelatedBusIncmOverLimitInd0false
IRS990/UnrestrictedNetAssetsGrp/BOYAmt056613
IRS990/UnrestrictedNetAssetsGrp/EOYAmt0161889
IRS990/UponRequestInd0X
IRS990/VotingMembersGoverningBodyCnt06
IRS990/VotingMembersIndependentCnt06
IRS990/WebsiteAddressTxt0www.bitbybittherapy.org
IRS990/WhistleblowerPolicyInd0true
ReturnHeader/BuildTS02018-06-14 16:35:46Z
ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd0true
ReturnHeader/BusinessOfficerGrp/PersonNm0Susan March
ReturnHeader/BusinessOfficerGrp/PersonTitleTxt0Executive Director
ReturnHeader/BusinessOfficerGrp/SignatureDt02018-05-10
ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt0Bit-By-Bit Inc
ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt0Co Susan March- Exec Director
ReturnHeader/Filer/BusinessNameControlTxt0BIT-
ReturnHeader/Filer/EIN0030468799
ReturnHeader/Filer/PhoneNum07547797888
ReturnHeader/Filer/USAddress/AddressLine1Txt03141 SW 118th Terrace
ReturnHeader/Filer/USAddress/CityNm0Davie
ReturnHeader/Filer/USAddress/StateAbbreviationCd0FL
ReturnHeader/Filer/USAddress/ZIPCd033312
ReturnHeader/PreparerFirmGrp/PreparerFirmEIN0201956232
ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt0Scott Halperin CPA
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt07050 W Palmetto Park Road Suite 15-
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm0Boca Raton
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd0FL
ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd033433
ReturnHeader/PreparerPersonGrp/PhoneNum05613953930
ReturnHeader/PreparerPersonGrp/PreparerPersonNm0Scott Halperin CPA
ReturnHeader/ReturnTs02018-05-10T18:22:33-07:00
ReturnHeader/ReturnTypeCd0990
ReturnHeader/TaxPeriodBeginDt02017-01-01
ReturnHeader/TaxPeriodEndDt02017-12-31
ReturnHeader/TaxYr02017

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$8.34$0.76$7.58$7.69$6.09$1.60
2023Detailed filing. Detailed filing data is available for this year.$8.10$2.12$5.98$7.75$6.59$1.16
2022Detailed filing. Detailed filing data is available for this year.$7.05$2.23$4.82$6.22$5.42$0.80
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.42$2.50$3.92$5.37$5.07$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.41$2.79$3.62$4.94$4.75$0.19
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.31$2.88$3.42$6.45$5.54$0.91
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$5.86$3.35$2.52$6.05$5.15$0.90
2017Detailed filing. Detailed filing data is available for this year.$5.27$3.40$1.87$5.61$4.56$1.05
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.28$3.72$0.57$2.99$3.53$0.54
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$4.53$3.33$1.20$3.40$3.42$0.02
2014Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$4.59$3.38$1.21$3.36$3.31$0.05
2013Detailed filing. Detailed filing data is available for this year.$1.41$0.24$1.16$2.86$3.09$0.23
2012Summary only. Only limited summary data is available for this year.$1.68$0.28$1.40$2.71$2.92$0.21
2011Summary only. Only limited summary data is available for this year.$1.80$0.20$1.61$3.32$3.15$0.16