SPRINGBOK CARES CORPORATION

EIN: 812602212 501(c)(3)

PACIFIC PALISADES, CA

Total Revenue
$50,000
Total Expenses
$76,216
Total Assets
$35,052
Net Assets
$35,052
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
CA
Principal Officer
BRANDON ZAMEL
Phone
4243413061
Tax Period
2018-01-01 to 2018-12-31

SPRINGBOK CARES CORPORATION, founded in 2016, is a micro nonprofit that reported $50K in total revenue in fiscal year 2018. Revenue fell 83% from the prior year — a significant decline worth monitoring. Expenses of $76K exceeded revenue, resulting in a 52% operating deficit.

Mission

SPRINGBOK CARES PROVIDES VIRTUAL REALITY, AUGMENTED REALITY AND ENTERTAINMENT TECHNOLOGY AND PROGRAMS FOR HOSPITALS, PATIENTS, SCHOOLS, STUDENTS AND OTHER MEDICAL AND EDUCATIONAL INSTITUTIONS.

Program Service Accomplishments

Program 1
Expenses: $38,109 Revenue: $50,000

SPRINGBOK CARES DESIGNED AND LAUNCHED THE FIRST HOSPITAL WIDE VIRTUAL REALITY INITIATIVE FOR PATIENTS, THEIR FAMILY AND HOSPITAL STAFF AT THE NORRIS COMPREHENSIVE CANCER CENTER AT THE UNIVERSITY OF...

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SPRINGBOK CARES DESIGNED AND LAUNCHED THE FIRST HOSPITAL WIDE VIRTUAL REALITY INITIATIVE FOR PATIENTS, THEIR FAMILY AND HOSPITAL STAFF AT THE NORRIS COMPREHENSIVE CANCER CENTER AT THE UNIVERSITY OF SOUTHERN CALIFORNIA'S KECK MEDICAL CENTER. THIS INITIATIVE PROVIDED MULTIPLE PROGRAMS AS A METHOD OF HEALTHY ESCAPIST ENTERTAINMENT AND THERAPY FOR THOSE LOOKING FOR A MEANS TO ESCAPE THE CONFINES OF THE HOSPITAL ENVIRONMENT. THIS INCLUDED SERVICES IN THE OUTPATIENT DAY CLINIC WHERE PATIENTS RECEIVED CHEMOTHERAPY, A BEDSIDE PROGRAM WHERE PATIENTS COULD SIGN UP FOR VIRTUAL REALITY SESSIONS, THAT WOULD BE DELIVERED AND PERFORMED IN THEIR ROOM, AS WELL AS SPECIFIC SERVICES DIRECTED TOWARDS THE ADOLESCENT AND YOUNG ADULTS CANCER (AYA) POPULATION.

Program 2
Expenses: $28,317

SPRINGBOK CARES HAD ANOTHER PROGRAM AT USC'S DERMATOLOGIC AND MOHS SURGERY CLINIC. THIS PROGRAM FOCUSED ON PROVIDING VIRTUAL REALITY EXPERIENCES TO PATIENTS UNDERGOING SURGERY FOR VARIOUS SKIN...

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SPRINGBOK CARES HAD ANOTHER PROGRAM AT USC'S DERMATOLOGIC AND MOHS SURGERY CLINIC. THIS PROGRAM FOCUSED ON PROVIDING VIRTUAL REALITY EXPERIENCES TO PATIENTS UNDERGOING SURGERY FOR VARIOUS SKIN CANCERS. THESE SERVICES WERE INTEGRATED INTO A RESEARCH STUDY THAT EVALUATED WHETHER THERE WAS A MEASURABLE POSITIVE IMPACT OF USING VIRTUAL REALITY IN A SURGERY SETTING TO ALLEVIATE PAIN AND ANXIETY FOR THOSE UNDERGOING TREATMENT. THE STUDY WAS A MASSIVE SUCCESS, WITH NEARLY EVERY MEASURABLE CATEGORY SHOWING SUBSTANTIAL POSITIVE IMPACTS OF THE TECHNOLOGY. USC HAS RECENTLY SUBMITTED THE STUDY FOR PUBLICATION IN MEDICAL JOURNALS, TO WHICH SPRINGBOK CARES WILL BE NAMED AS A COLLABORATOR IN THE STUDY.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $50,000
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $50,000

Expense Breakdown

Grants Paid $0
Salaries & Benefits $65,426
Fundraising Expenses $0
Program Expenses $66,426
Other Expenses $10,790
TOTAL EXPENSES $76,216

Year-over-Year Comparison

2018 2017 Change
Revenue $50,000 $301,000 -0.8%
Expenses $76,216 $239,732 -0.7%
Net Income $-26,216 $61,268 -1.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
1
$28,000
Total Directors
5
$28,000
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRANDON ZAMEL PRESIDENT, CHAIRMAN OF THE 40.00
Officer Director
$28,000 $0 $28,000
STEVEN-CHARLES JAFFE EXECUTIVE DIRECTOR 40.00
Director
$0 $0 $0
STUART SIEGEL DIRECTOR 1.00
Director
$0 $0 $0
ANDREW COCHRANE DIRECTOR, SECRETARY 2.00
Director
$0 $0 $0
RANDY AUERBACH DIRECTOR 0.50
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2018 $50,000 $76,216 $35,052 $-26,216
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