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New York BBB Wise Giving Report for
Careers through Culinary Arts Program

A BBB Accredited charity

 



Expiration Date:
12/2015
Name:
Careers through Culinary Arts Program
Address:
250 West 57th Street
Suite 2015
New York, NY 10107
Phone:
212-974-7111
Web Site:
Year, State Incorporated:
1990, New York
Affiliates:
None
Stated Purpose:
" Promotes and provides career opportunities in the food service industry for under-served youth through culinary arts education and employment. "





Evaluation Conclusions
 

              
Careers through Culinary Arts Program (C-CAP) meets the 20 Standards for Charity Accountability.




Programs
 

              
Careers through Culinary Arts Program addresses the needs of urban teenagers who are at high risk of leaving their public high schools without marketable job skills or college prospects by using cooking as a dynamic tool to empower students for college and the workforce. The organization promotes and provides career opportunities in the culinary arts through teacher training, scholarships and cooking competitions, job training, internships and career advising, college advising and college 101, and product donations.



Governance
 

              
Chief Executive Officer:
Ms. Susan Robbins, President
Compensation*:
$229,360
Chair of the Board:
Mr. Richard Grausman
Chair's Profession / Business Affiliation:
Founder / C-CAP
Board Size:
14
Paid Staff Size:
9



*Compensation includes annual salary and, if applicable, benefit plans, expense accounts, and other allowances.




Fund Raising
 

              
Method(s) Used:


Invitations to fund raising events, grant proposals
Fund raising costs were 3.4% of related contributions. (Related contributions, which totaled $4,773,361, are donations received as a result of fund raising activities.)




Tax Status
 

              
This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.




Financial
 

              
The following information is based on C-CAP's Audited Financial Statements for the fiscal year ended June 30, 2012.

Source of Funds  

Donated scholarships

$2,907,984

Fundraising benefits

821,818

Foundation contributions

441,027

Contract income

415,769

Net assets released from restrictions

295,397

Donated merchandise

277,484

Donated services/supplies

261,050

Forfeited scholarships

156,272

Individual contributions

122,274

Local fundrasing events

94,044

Corporate contributions

54,194

Miscellaneous

220

Less: Direct local fundraising costs

(11,686)

Less: Direct fundraising costs

(194,828)

Total Income

$5,641,019

Program Expenses  

Culinary arts education

$4,320,363

Job development

127,392

College advising

77,359

After school

49,737

Teacher training

30,580
Total Program Expenses:
Fund Raising Expenses
Administrative Expenses

Total expenses

Income in Excess of Expenses

4,605,431
160,760
276,144

$5,042,335

$598,684




Uses of Funds as a % of Total Expenses


Programs: 91%  Fund Raising: 3%  Administrative 6% 
Roll the cursor over the pie chart to see the dollar amounts.


Beginning net assets $1,257,969
Ending net assets 1,596,280
Total liabilities 767,743

Total assets

$2,364,023






 

A copy of this report has been shared with the organization prior to publication. It is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgment. The name Better Business Bureau is a registered service mark of the Council of Better Business Bureaus, Inc.

This report is not to be used for fundraising or promotional purposes and may not be reproduced or distributed in whole or in part.