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Vertex
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Since the vertex is at the origin and the parabola opens downward, the equation of the parabola is x2 = 4py, where p < 0, and the axis of symmetry is the y-axis. So the focus is at y-axis at (0, p) and the directrix equation is y = -p. Now, what do you mean with 1 and 76 units? 1.76 units? If the distance of the vertex and the focus is 1.76 units, then p = -1.76, thus 4p = -7.04, then the equation of the parabola is x2 = -7.04y.
No. A parabola can open up or down.
Most likely you have an equation of a parabola. The vertex of a parabola is the location where it changes from going down, to going up (a simplified explanation). Most parabolas that we think of are oriented up or down (the axis is parallel to the y axis), but they could be oriented sideways, or even at an angle. To calculate the vertex of a parabola ususally means to find the coordinates of the vertex.