2012-11-09T19:12:54-06:00 2011-12-31 721607347 Watson & McDonell PLLC 1325 - 4th Avenue Suite 1705 Seattle WA 981012528 990 2011-01-01 911012131 Little Bit Therapeutic Riding Center LITT 4258821554 19802 NE 148th Street Woodinville WA 98077 Kathryn Alm 4258821554 2012-11-09 1 Susan Reilly P00531805 2066242380 2012-11-09 2011 2016-02-24 21:20:13Z Kathryn Alm 19802 NE 148th Street Woodinville WA 98077 2338148 0 X www.LittleBit.org X 1976 WA Improve bodies, minds & spirits of children & adults w/disabilities through equine-assisted therapy. 15 15 68 907 0 0 1242130 1781521 431221 464702 -11201 12381 25961 20338 1688111 2278942 0 0 0 0 1274458 1146519 45147 0 340265 554947 514721 1874552 1661240 -186441 617702 8989912 10358099 862660 1621772 8127252 8736327 X To improve the bodies, minds and spirits of children and adults with disabilities through equine-assisted therapy and to be an inspiration and educational resource to the therapeutic riding profession, both regionally and nationally. 0 0 1012095 474903 We provided services to 300 individuals with disabilities throughout 2011. Throughout our 13-week sessions, over 318 volunteers devoted over 29,715 hours of service to helping children and adults with cognitive and physical disabilities achieve different successes daily. Little Bit has two flagship programs: Hippotherapy and Adaptive Riding. Hippotherapy is an intensive one-on-one therapy session with a physical, occupational, or speech therapist utilizing the movement of the horse as a treatment strategy. Adaptive classes offer highly individualized lessons in horsemanship taught by one of our PATH International certified instructors. The movement of the horse in both Adaptive and Hippotherapy improves core muscle strength, circulation, and flexibility. Working with certified instructors, volunteers and peers, riders improve self-sufficiency, self-esteem, concentration, verbal fluency and reduce anxiety. The emotional benefits along side the physical promote increased independency and in many riders a consistent outlet for joy. 1012095 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 12 0 1 68 1 0 0 0 0 0 1 1 0 0 0 0 X 15 15 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WA X X The Organization 4258821554 19802 NE 148th Street Woodinville WA 98077 Kate Roper 1.30 X X 0 0 0 Sally Gregg 1.30 X X 0 0 0 Todd Cowles 1.30 X X 0 0 0 Mary-Lou Misrahy 1.30 X X 0 0 0 Kjell Oswald 1.30 X 0 0 0 Kenneth Kleve 1.30 X 0 0 0 Nancy Lobisser 1.30 X 0 0 0 Martin Pearce 1.30 X 0 0 0 Bruce Woodstrom 1.30 X 0 0 0 Dr Jane Todaro 1.30 X 0 0 0 Michael Gaberman 1.30 X 0 0 0 Robin Krueger 1.30 X 0 0 0 Jim Boshaw 1.30 X 0 0 0 Katie Knight 1.30 X 0 0 0 Gerlad Hirschler 1.30 X 0 0 0 Kathy Alm 40.00 X 95088 0 4760 95088 0 4760 0 0 0 0 0 407473 1374048 176623 1781521 Tuition 624310 424938 424938 Seminars and Clinics 624310 17965 17965 Camps 624310 16200 16200 Assessment Fees 624310 3225 3225 Boarding Fees 900000 2374 2374 464702 4452 4452 12575 0 12575 12575 12575 6501 -1428 7929 7929 7929 50953 407473 57410 -6457 -6457 16685 3224 13461 13461 Miscellaneous 900099 759 759 759 2278942 474903 0 22518 95088 47544 47544 860902 582034 140182 138686 68120 41474 13376 13270 122409 74527 24037 23845 27074 20350 6724 48864 40 12871 35953 107319 39268 22855 45196 13282 9829 1859 1594 29716 29478 22 216 4328 1071 1523 1734 51 51 57337 31529 17529 8279 16850 12470 2359 2021 Barn Operations 96184 96184 Donated goods 43677 43677 Repairs and maintenance 24916 24916 Program events and clin 17744 8418 230 9096 27379 17129 4143 6107 1661240 1012095 308880 340265 392731 353987 612163 274640 234410 171229 23350 28282 38777 42833 5765199 889004 4911747 4876195 10616 243752 184279 185679 2581839 4181502 8989912 10358099 460336 172253 60543 58179 341781 1391340 862660 1621772 X 7240988 7954317 287364 183110 598900 598900 8127252 8736327 8989912 10358099 X 617702 -8627 X 0 1 1 X 0 X 1012081 4647939 1394789 1242130 1781521 10078460 1012081 4647939 1394789 1242130 1781521 10078460 2744751 7333709 39756 29895 56730 37279 19401 183061 -70077 -154059 -3644 -227780 -14222 784 6068 1169 759 -5442 10028299 2193185 0.73130 0.67840 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 610434 -4185 7349 598900 610900 11534 12000 610434 1.00000 0 0 1964139 1964139 3373975 540277 2833698 367385 317810 49575 59700 30917 28783 4876195 Construction in Progress 4181502 4181502 Line of Credit 1382559 Interest Payable 8781 1391340 2278942 1661240 617702 -8627 -8627 609075 2274251 -8627 3936 -4691 2278942 0 2278942 1665176 3936 3936 1661240 0 1661240 Description of Uncertain Tax Positions Under FIN 48: Part X: Little Bit Therapeutic Riding Center is exempt from federal income taxes under the provisions of Section 509(a) of the Internal Revenue Code as an entity described in Section 501(c)(3). In addition, Little Bit has been classified as an organization that is not a private foundation under Section 509(a)(2). There was no income tax liability for the years ended December 31, 2011 and 2010. The Organization's income tax filings are subject to examination by various taxing authorities and their open examination periods are 2008 and thereafter. Little Bit believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements. X X X X X X 1 DJ Jensen 3317 226 Pl SW Brier WA 98036 Grant Writer 0 193500 25182 168318 193500 25182 168318 WA Auction 435712 405421 30291 36022 5147 Wine Event 18338 18338 4929 2549 454050 405421 48629 40951 7696 48647 -18 X 2 1699 X Horse Tack & Riding Gear 79 29900 Estimated FMV X Equipment 5 2092 Estimated FMV X Horses 1 3900 Estimated FMV X Furniture 3 3846 Estimated FMV X Office Supplies 11 2416 Estimated FMV X Auction & Garage sale 4 803 Estimated FMV X Building Supplies 3 8851 Estimated FMV X Auction and Wine Event 200 123116 Estimated FMV 0 1 0 Form 990, Part VI, Section B, line 11 The Operations Director and contract CPA reviews the form 990 for accuracy and forwards to Executive Director for final review. It is then presented first to the Finance Committee and then to the entire board. Form 990, Part VI, Section B, line 12c All board members and prospective board members review and sign the conflict of interest policy on an annual basis. Any potential conflicts of interest are discussed at the board level and a determination is made as to whether a conflict exists. Form 990, Part VI, Section B, line 15 Compensation is based on the Washington Employers Benefit and Wages Survey results for a given year as well as an annual evaluation of performance. This is done each year for all employees. The last review for the Executive Director and top management was in 2010. Form 990, Part VI, Section C, line 19 The audited financial results for the year are condensed into an annual report that is posted on the website and provided to our donors each year. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Net unrealized losses on investments: -8,627.