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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services The Michael Phelps Foundation

The Michael Phelps Foundation

Fiscal year ending 2024. Filed on September 2, 2025.

PO Box 7
Litchfield Park, Arizona 85340

The Michael Phelps Foundation (EIN: 61-1571538) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Michael Phelps Foundation, a 501(c)(3) charitable organization, reported compensation for 1 out of 4 total employees. Among the employees shown here, the average compensation is $38,422. The highest compensated employee at The Michael Phelps Foundation is Marissa Fortier with fiscal year 2024 compensation of $38,422.

Revenue, expenses, and employee compensation

Revenue

$1,340,905

Expenses

$1,265,182

Employee compensation

$234,267
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Marissa Fortier
Managing Director (Thru 4/24)
$38,422
$38,422 No related compNo other comp

Benchmark Employee Compensation

Non-Employee Board Members

Bob Bowman
Board Member
Debbie Phelps
Secretary
Kristin Struble
Board Member
Lenny Krayzelberg
Treasurer
Michael Lynch
Board Member
Mike Unger
Board Member
Nicole Phelps
President

Mission Statement

THE ORGANIZATION'S MISSION IS TO PROMOTE HEALTHY, ACTIVE LIVES, ESPECIALLY FOR CHILDREN, PRIMARILY BY EXPANDING OPPORTUNITIES FOR PARTICIPATION IN THE SPORT OF SWIMMING.

Revisions to this organization profile

September 2, 2025:
2024 The Michael Phelps Foundation 990 filed
April 29, 2024:
2023 The Michael Phelps Foundation 990 filed
October 11, 2023:
2022 The Michael Phelps Foundation 990 filed

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