Overview
What is The 2nd And 7 Foundation?
The 2nd And 7 Foundation, with its headquarters located at 7949 North High Street Suite B, Columbus, Ohio 43235, is a dedicated nonprofit organization. Their primary mission is to foster a love for reading among children in need by providing them with free books and serving as inspirational role models. The foundation relies on funds raised through various events to support their literacy outreach program in elementary schools across the nation. With a team of five individuals, 2nd & 7 encourages young athletes in the community to contribute positively, embodying the spirit of giving back.
Official website here: www.secondandseven.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 80%, Three-Star out of Four Star rating
The 2nd And 7 Foundation has earned a commendable Three-Star rating from Charity Navigator, reflecting a strong performance in the Accountability & Finance category. The overall score is derived entirely from this category, emphasizing the organization's commitment to financial integrity and responsible management practices. With a score of 80 in Accountability & Finance, the foundation demonstrates robust financial health and transparency.
The foundation boasts a fully independent board, with 94% of its members being independent, thus ensuring unbiased decision-making. It also scores highly on various governance practices, including the absence of material diversion of assets and the implementation of comprehensive policies such as conflict of interest and whistleblower protections. Furthermore, the organization maintains a favorable liabilities to assets ratio of 0.00%, indicating that it operates without debt.
However, while the program expense ratio is respectable at 69.20%, indicating a significant portion of expenses directed towards programs, it leaves room for improvement in maximizing resources for direct impact. Overall, The 2nd And 7 Foundation showcases a solid financial structure and governance, making it a reliable option for potential donors.
This AI summary has been generated from information found on Charity Navigator.
Is The 2nd And 7 Foundation legitimate?
The 2nd And 7 Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 2nd And 7 Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $73,667
Professional Fundraising Fees: $0
Other Salaries and Wages: $177,095
For more financial information, click here
Official website here: www.secondandseven.com
What is the mission statement of The 2nd And 7 Foundation?
The 2nd And 7 Foundation's mission is centered around promoting literacy among children in need. They achieve this by providing free books and serving as positive role models. Additionally, the organization encourages young athletes in the community to pay it forward. Fundraisers support their literacy outreach program, which is implemented in elementary schools across the nation.
Official website here: www.secondandseven.com
Who is the CEO of The 2nd And 7 Foundation?
Ryan Miller is the Executive Director of The 2nd And 7 Foundation.
Official website here: www.secondandseven.com
What is the revenue of The 2nd And 7 Foundation?
The 2nd And 7 Foundation's revenue in 2022 was $573,541.
Official website here: www.secondandseven.com
Who are the executives of The 2nd And 7 Foundation and what are their salaries?
The average compensation at The 2nd And 7 Foundation during 2022 was $50,152. There are 5 employees and 125 volunteers at The 2nd And 7 Foundation.
Here are 17 key members and their salaries:
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Official website here: www.secondandseven.com
Where can I find the form 990 for The 2nd And 7 Foundation?
The 2nd And 7 Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.secondandseven.com
Learn more at the official website: www.secondandseven.com
Mission Statement of The 2nd And 7 Foundation
The 2nd And 7 Foundation is committed to inspiring a love for reading among children in need. They achieve this by offering them free books and serving as positive role models. Additionally, the organization encourages young athletes in the community to pay it forward. By supporting fundraisers, the foundation funds its literacy outreach program in elementary schools across the nation, aiming to foster a literate generation.
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Impact
July, 2024
The 2nd And 7 Foundation's impact is centered around promoting reading among children in need by providing free books and positive role models. Through their literacy outreach program in elementary schools across the country, they encourage young athletes to give back to their communities and inspire a love for reading. The foundation's work not only fosters literacy but also instills values of generosity and community engagement in young individuals.
This information is meant to be a general summary of The 2nd And 7 Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $19,303
- Gross Receipts: $573,541
Assets and Liabilities:
- Total Assets: $1,279,968
- Total Liabilities: $0
- Net Assets: $1,279,968
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Organization Details
Founding Year
2003
Principal Officer
Ryan Miller
Main Address
7949 NORTH HIGH STREET SUITE B, COLUMBUS, OH, 43235
Website
www.secondandseven.comNTEE Category
Code: N65 - Recreation
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