Mission
THE ORGANIZATION'S MISSION IS TO PROMOTE HEALTHY, ACTIVE LIVES, ESPECIALLY FOR CHILDREN, PRIMARILY BY EXPANDING OPPORTUNITIES FOR PARTICIPATION IN THE SPORT OF SWIMMING.
Public Charity
THE MICHAEL PHELPS FOUNDATION
Based in LITCHFIELD PARK, AZ, THE MICHAEL PHELPS FOUNDATION operates as a Public Charity. The organization reported $1.3M in revenue, $1.3M in expenses, $1.4M in total assets for fiscal year 2024. Imperigo tracks 28 reported grant relationships connected to this organization totaling approximately $1.0M.
EIN: 611571538
LITCHFIELD PARK, AZ
Latest filing: 2024
Total Revenue$1.3M
Total Expenses$1.3M
Total Assets$1.4M
Grant Records28
Funding Total$1.0M
Filing Years2020–2024
Sample Grants Received
Step Into Swim
$25,000
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000
PROGRAM SUPPORT
$10,000
CHARITABLE CONTRIBUTION
$50,000
FOR RECIPIENT'S EXEMPT PURPOSE
$25,000
Showing up to 5 of 28 total records — full history available with membership.
Officers & Directors
BOARD MEMBER
Bob Bowman
SECRETARY
Debbie Phelps
BOARD MEMBER
Kristin Struble
TREASURER
Lenny Krayzelberg
MANAGING DIRECTOR (THRU 4/24)
Marissa Fortier
BOARD MEMBER
Michael Lynch
Officer compensation and complete director data available with membership.
Top Grant Purposes
Financial Trends
| Year | Revenue | Expenses | Assets |
|---|---|---|---|
| 2024 | $1.3M | $1.3M | $1.4M |
| 2023 | $1.1M | $1.4M | $1.5M |
| 2022 | $833K | $870K | $1.7M |
| 2021 | $681K | $710K | $1.7M |
| 2020 | $1.2M | $601K | $1.8M |
Between 2020 and 2024, reported annual revenue grew from $1.2M to $1.3M (+8%), with total assets most recently reported at $1.4M.
Interactive year-over-year charts and full filing details available with membership.