Skip to main content

Nonprofit · EIN 03-0468799

BIT-BY-BIT INC

Tax-exempt · DAVIE, FL 33330

Financials

$775K$659K2023$769K$609K2024$691K$768K2025
Revenue Expenses · by fiscal year end
Financials of BIT-BY-BIT INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$691,001$768,126-$77,125$1,029,041$348,359$680,682
December 31, 2024990$769,137$609,323$159,814$834,004$76,197$757,807
December 31, 2023990$774,793$658,846$115,947$810,050$212,057$597,993
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$347,598
Program service revenue
$365,197
Investment income
$7,497
Net income from fundraising events
-$29,291
Other revenue
-$29,291

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$93,692
Other salaries and wages
$221,346
Salaries, compensation and benefits (total)
$315,038
Professional fundraising fees
$0
Accounting fees
$13,801
Occupancy
$7,714
Depreciation
$38,614
Program services (functional)
$632,550
Management and general (functional)
$135,576

Balance sheet and other

Total assets, start of year
$834,004
Total assets, end of year
$1,029,041
Total liabilities, end of year
$348,359
Net assets, end of year
$680,682
Land, buildings and equipment
$703,326
Net assets without donor restrictions
$680,682
Gross unrelated business income
$7,497
Gross receipts
$838,376
Employees
5
Volunteers
120
State of legal domicile
FL

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Denise PanarielloExecutive Dir.
Officer
40$93,692
Denise EdselSecretary
Trustee or director
3$0
Susan MarchDirector
Trustee or director
2$0
Kathleen PeguesTreasurer
Trustee or director
2$0
Sara GreeneDirector
Trustee or director
2$0
Craig DruckerChairman
Trustee or director
2$0
Lisa RobertsDirector
Trustee or director
2$0
Vincent La PietraDirector
Trustee or director
2$0
Samantha DownsDirector
Trustee or director
2$0
Alex RuaneDirector
Trustee or director
2$0
Courtney Noel SparksDirector
Trustee or director
2$0
Lloyd DevauxDirector
Trustee or director
2$0
Craig LoebnerDirector
Trustee or director
2$0
Denise PanarielloExecutive Director40$0
990 for the year ended December 31, 2024: 14 people
NameTitleHours / weekCompensation
Denise PanarielloExecutive Director40$100,231
Denise EdselSecretary
Trustee or director
3$0
Susan MarchDirector
Trustee or director
2$0
Kathleen PeguesTreasurer
Trustee or director
2$0
Sara GreeneDirector
Trustee or director
2$0
Craig DruckerChairman
Trustee or director
2$0
Lisa RobertsDirector
Trustee or director
2$0
Vincent La PietraDirector
Trustee or director
2$0
Samantha DownsDirector
Trustee or director
2$0
Alex RuaneDirector
Trustee or director
2$0
Courtney Noel SparksDirector
Trustee or director
2$0
Lloyd DevauxDirector
Trustee or director
2$0
Craig LoebnerDirector
Trustee or director
2$0
Denise PanarielloExecutive Dir.
Officer
40$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Denise PanarielloExecutive Director
Officer, Key employee
40$67,654
Denise EdselSecretary
Trustee or director, Officer
3$0
Susan MarchDirector
Trustee or director
2$0
Kathleen PeguesTreasurer
Trustee or director, Officer
2$0
Sara GreeneChairman
Officer
2$0
Craig DruckerDirector
Trustee or director
2$0
Lisa RobertsDirector
Trustee or director
3$0
Geoff GazdaDirector
Trustee or director
2$0
Courtney Noel SparksDirector
Trustee or director
2$0
Chris LoebnerDirector
Trustee or director
2$0

Address and contacts

Address (IRS master file)
3141 SW 118TH TER, DAVIE, FL 33330-1600
In care of
% DENISE PANARIELLO
Principal officer (990 for 2025)
Denise Panariello, 3141 SW 118th Terrace, Davie, FL 333301600
Signed the 990
Denise Panariello, Executive Dir.
Phone
(754) 779-7888
Return prepared by
Scott Halperin CPA

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 disabledveterans, educating through mentoring the next generation and providing qualityhands-on learning opportunities that facilitate community involvement throughsuccessful and meaningful volunteer experiences.

990 for the year ended December 31, 2025

Program accomplishments

  • 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.
    Expenses $632,550

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
03-0468799
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2002
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$1,029,041
Income (IRS master file)
$838,376

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$691,001$768,126$1,029,041XML
990December 2024$769,137$609,323$834,004XML
990December 2023$774,793$658,846$810,050XML
990December 2022$621,998$542,492$705,294IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 03-0468799).

Questions about BIT-BY-BIT INC

What is the EIN of BIT-BY-BIT INC?
The employer identification number (EIN) of BIT-BY-BIT INC is 03-0468799.
Is BIT-BY-BIT INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2002.
Are donations to BIT-BY-BIT INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does BIT-BY-BIT INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BIT-BY-BIT INC due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BIT-BY-BIT INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of BIT-BY-BIT INC?
The 990 for the year ended December 31, 2025 names Denise Panariello.
Who are the officers and directors of BIT-BY-BIT INC?
The 990 for the year ended December 31, 2025 lists 14 people; 1 received compensation from the organization, the highest $93,692 (Denise Panariello, Executive Dir.).
How much revenue does BIT-BY-BIT INC have?
On its 990 for the year ended December 31, 2025 it reported revenue of $691,001, expenses of $768,126 and total assets of $1,029,041 at year end.

Other nonprofits in DAVIE

All nonprofits in DAVIE · Florida · Human services