Human Services
(P12)
IRS Verified
DX Registered
990 on File
MICHAEL PHELPS FOUNDATION
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$1.3M
Total Revenue
$1.3M
Total Expenses
$1.4M
Net Assets
4
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.7%
Fundraising Efficiency
849.6%
Operating Reserve
13.52x
Liability-to-Asset
0.8%
Revenue Diversification
140.8%
Executive Compensation
$38K
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $1.3M | $1.3M | $1.4M | 82.7% | 4 |
| 2023 | $1.1M | $1.4M | $1.3M | 79.3% | 4 |
| 2022 | $833K | $870K | $1.6M | 84.2% | 3 |
| 2021 | $681K | $710K | N/A | — | 3 |
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