Davie, FL
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Bit-By-Bit Inc is a small nonprofit in the Human Services sector that reported $691K in total revenue in fiscal year 2025. Revenue decreased 10% compared to the prior year. Expenses of $768K exceeded revenue, resulting in a 11% operating deficit.
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 disabledveterans, educating through mentoring the next generation and providing qualityhands-on learning opportunities that facilitate community involvement throughsuccessful and meaningful volunteer experiences.
Program Service Accomplishments:During 2025, Bit-By-Bit Medical Therapeutic Riding Center, Inc. advanced its mission of improving lives through equine-assisted services by delivering structured...
Program Service Accomplishments:During 2025, Bit-By-Bit Medical Therapeutic Riding Center, Inc. advanced its mission of improving lives through equine-assisted services by delivering structured, evidence-based programming to individuals with disabilities, special needs, at-risk youth, and veterans. Services included hippotherapy (physical, occupational, speech-language therapy), therapeutic riding, and equine assisted learning and activities. Programs were delivered by qualified staff with the support of trained volunteers, maintaining a focus on participant safety, individualized care, and measurable progress.In 2025, the organization expanded program accessibility and capacity through continued development of its facilities and resources. Funds raised through community-based fundraising initiatives contributed directly to the construction of a covered arena. This capital improvement significantly enhanced year-round program delivery by providing a safe, weather-protected environment, reducing cancellations due to weather, and increasing the number of participants served.Bit-by-Bit continued to strengthen its interdisciplinary approach by collaborating with therapists, educators, and community partners to ensure services align with best practices in equine-assisted therapy and adaptive programming. The organization also provided hands-on training and mentorship opportunities for volunteers, students, and community members, reinforcing its commitment to education and workforce development within the field.Additionally, the organization maintained a high standard of equine care, ensuring that all therapy horses received appropriate nutrition, veterinary care, and conditioning to support their role in therapeutic services. Responsible herd management, including planning for the transition and retirement of therapy horses, remained a priority to ensure long-term program sustainability and animal welfare.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2025 | 2024 | Change | |
|---|---|---|---|
| Revenue | $691,001 | $769,137 | -0.1% |
| Expenses | $768,126 | $609,323 | +0.3% |
| Net Income | $-77,125 | $159,814 | -1.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Denise Panariello | Executive Dir. | 40.00 |
Officer
|
$93,692 | $0 | $93,692 |
| Denise Edsel | Secretary | 3.00 |
Director
|
$0 | $0 | $0 |
| Susan March | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Kathleen Pegues | Treasurer | 2.00 |
Director
|
$0 | $0 | $0 |
| Sara Greene | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Craig Drucker | Chairman | 2.00 |
Director
|
$0 | $0 | $0 |
| Lisa Roberts | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Vincent La Pietra | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Samantha Downs | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Alex Ruane | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Courtney Noel Sparks | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Lloyd Devaux | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Craig Loebner | Director | 2.00 |
Director
|
$0 | $0 | $0 |
| Denise Panariello | Executive Director | 40.00 |
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $691,001 | $768,126 | $1,029,041 | $-77,125 |
| 2024 | $769,137 | $609,323 | $834,004 | $159,814 |
| 2023 | $774,793 | $658,846 | $810,050 | $115,947 |
| 2022 | $621,998 | $542,492 | $705,294 | $79,506 |
| 2021 | $537,433 | $507,359 | $641,708 | $30,074 |
| 2020 | $494,404 | $475,064 | $640,676 | $19,340 |
| 2019 | $644,749 | $554,112 | $630,529 | $90,637 |
| 2018 | $604,574 | $514,904 | $586,222 | $89,670 |
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