Also Known As: C-CAP
250 West 57th StFor teenagers who are at risk of leaving high school without job or college prospects, C-CAP offers direction, a real set of skills, and the potential for a fulfilling career in a growing industry. C-CAP works with public schools across the nation to prepare at-risk students for college and career opportunities in the restaurant and hospitality industry.
C-CAP serves 10,000 students nationwide every year in 7 locations by upgrading the vocational culinary programs in over 200 public high schools through teacher training and donations of supplies and equipment. In addition, C-CAP empowers students go on to college-level study and secure full-time employment in the field through annual cooking competitions for scholarships, career and college counseling, job training, and internship and job opportunities.
Careers through Culinary Arts Program (C-CAP) promotes and provides foodservice career opportunities for disadvantaged youth through culinary arts education and employment.
Chef, author and educator Richard Grausman began his career in the culinary arts in 1967 when he enrolled at Le Cordon Bleu in Paris. Upon graduating he spent the next 15 years as the school's representative, teaching in major cities across the United States. In 1988 he wrote his first book, At Home with the French Classics, and in 1990 founded Careers through Culinary Arts Program. Richard Grausman has been named Humanitarian of the Year by the James Beard Foundation, Bon Appetit, and the International Association of Culinary Professionals. In 1997, he received the President's Service Award, the highest recognition given by The White House for volunteer service.
| Revenue | |
|---|---|
| Contributions | $4,343,010 |
| Government Grants | $0 |
| Program Services | $452,515 |
| Investments | $41,437 |
| Special Events | $0 |
| Sales | $0 |
| Other | $127,516 |
| Total Revenue | $4,964,478 |
| Expenses | |
| Program Services | $4,386,687 |
| Administration | $173,188 |
| Other | $229,477 |
| Total Expenditures | $4,789,352 |
| Net Gain/Loss | $175,126 |
Note: The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot long survive, but the types of assets and liabilities also must be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.
| July 1, 2007 | June 30, 2008 | Change | |
|---|---|---|---|
| Assets | |||
| Cash & Equivalent | $913,612 | $1,255,411 | $341,799 |
| Accounts Receivable | $305,348 | $180,758 | ($124,590) |
| Pledges & Grants Receivable | $261,334 | $311,774 | $50,440 |
| Receivables/Other | $0 | $0 | $0 |
| Inventories for Sale or Use | $0 | $0 | $0 |
| Investments/Securities | $205,689 | $213,604 | $7,915 |
| Investments/Other | $0 | $0 | $0 |
| Fixed Assets | $28,591 | $20,909 | ($7,682) |
| Other | $31,410 | $29,876 | ($1,534) |
| Total Assets | $1,745,984 | $2,012,332 | $266,348 |
| Liabilities | |||
| Accounts Payable | $60,649 | $90,545 | $29,896 |
| Grants Payable | $0 | $0 | $0 |
| Deferred Revenue | $0 | $2,000 | $2,000 |
| Loans and Notes | $0 | $0 | $0 |
| Tax-Exempt Bond Liabilities | $0 | $0 | $0 |
| Other | $718,934 | $778,260 | $59,326 |
| Total Liabilities | $779,583 | $870,805 | $91,222 |
| Fund Balance | $966,401 | $1,141,527 | $175,126 |
13-3662917
Mr. Richard Grausman
Allison Burns-Ferro, Managing Director
(212) 974-7111
(212) 974-7117
June 30, 2008
$2,012,332 (from Jun 30, 2008 Form 990)
$4,964,478 (from Jun 30, 2008 Form 990)
1990
1992
14
11-20
6-10
1-5
This organization is seeking funds from contributions and grants. These funds will be used for unrestricted operating expenses and special projects.
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