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The 77 Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 843233772 ✦ Annapolis, MD ✦ Designated as a 501(c)(3)

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Overview

What is The 77 Foundation Inc?

The 77 Foundation Inc, situated in Annapolis, Maryland, is a nonprofit organization committed to offering support and aid to the children of first responders. Their mission is twofold, encompassing both financial and social assistance to these survivors. The foundation contributes to local schools, providing financial assistance for auxiliary programs specifically designed for the children of first responders. Furthermore, they are actively constructing a camp and collaborating with other foundations to ensure that the necessary financial and social assistance is available for their needs. The 77 Foundation Inc has a modest workforce of five individuals dedicated to fulfilling this mission.


Official website here: www.seventy-seven.org

Is The 77 Foundation Inc legitimate?

The 77 Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The 77 Foundation Inc 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: $311,437
Professional Fundraising Fees: $0
Other Salaries and Wages: $27,989

For more financial information, click here


Official website here: www.seventy-seven.org

What is the mission statement of The 77 Foundation Inc?

The 77 Foundation Inc's mission is centered around providing both financial and social assistance to the survivors, specifically children, of first responders. The foundation aims to support these individuals by offering grant assistance for their educational needs. In addition, they provide financial aid to local schools to establish auxiliary programs for the children of first responders. Furthermore, The 77 Foundation is constructing a camp and collaborating with other foundations to offer additional financial and social assistance to meet the needs of these survivors.


Official website here: www.seventy-seven.org

Who is the CEO of The 77 Foundation Inc?

James M Kelly Jr is the CEO of The 77 Foundation Inc The CEO's salary of The 77 Foundation Inc is $155,719 and their total compensation is $155,719.


Official website here: www.seventy-seven.org

What is the revenue of The 77 Foundation Inc?

The 77 Foundation Inc's revenue in 2023 was $650,657.


Official website here: www.seventy-seven.org

Who are the executives of The 77 Foundation Inc and what are their salaries?

The average compensation at The 77 Foundation Inc during 2023 was $67,885. There are 5 employees and 2 volunteers at The 77 Foundation Inc.

Here are 4 key members and their salaries (The 77 Foundation Inc's CEO's salary is $155,719 and their total compensation is $155,719):


James M Kelly Jr (Ceo)
  • Compensation: $155,719
  • Related: $0
  • Other: $0
James M Kelly (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Navarro (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sharon Lee (Cfo)
  • Compensation: $155,719
  • Related: $0
  • Other: $0


Official website here: www.seventy-seven.org

Where can I find the form 990 for The 77 Foundation Inc?

The 77 Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.seventy-seven.org

Learn more at the official website: www.seventy-seven.org

Mission Statement of The 77 Foundation Inc

The 77 Foundation Inc is dedicated to providing both financial and social assistance to the survivors, specifically children, of first responders. Their mission is rooted in supporting these individuals who have been impacted by the line of duty losses of their parents or guardians who served as first responders. In pursuit of this mission, The 77 Foundation Inc offers financial aid to local schools for auxiliary programs aimed at benefiting the children of first responders. Additionally, the organization is involved in constructing a camp and collaborating with other foundations to provide further financial and social assistance to meet the unique needs of these survivors.

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Impact




October, 2024

The 77 Foundation Inc has a profound impact on the lives of children who are survivors of first responders. By providing essential social and financial assistance, the foundation strives to uplift and support these young individuals during challenging times.

Through grant assistance, it helps cover necessary educational costs and auxiliary programs in local schools, ensuring that children of first responders have access to enriching activities and resources. Additionally, the foundation is actively working on building a camp designed to foster community and healing among these children, offering them a safe space to connect with peers and engage in supportive programs.

By partnering with other organizations, The 77 Foundation Inc amplifies its reach and effectiveness, enabling it to address the diverse needs of these children comprehensively. The foundation's commitment to improving the quality of life for these survivors not only honors the legacy of first responders but also empowers the next generation, helping them navigate their unique challenges with resilience and hope.




This information is meant to be a general summary of The 77 Foundation Inc. 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.

Revenue
$650,657 (2023)
Expenses
$575,458 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Gross Receipts: $650,657

Assets and Liabilities:

  • Total Assets: $232,439
  • Total Liabilities: $93,438
  • Net Assets: $139,001

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Organization Details

Founding Year

2019

Principal Officer

James M Kelly Jr

NTEE Category

Code: P30 - Human services

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