Penny Lane Centers
501(c)(3) Donations tax-deductible
96% goes to programs $1 to raise $100 Strong reserves Growing revenue
Penny Lane Centers is a 501(c)(3) organization based in N Hollywood, California, registered in 1966, with $66,651,463 in FY2024 revenue. CharityIndex grades it A+, and it directs about 96% of spending to programs.
10526 Dubnoff Way, N Hollywood, CA, 91606 EIN 95-2633765 Since 1966
Revenue (FY2024)
$66.7M
▼ 5.5% vs prior year
Expenses (FY2024)
$65.1M
Net assets
$35.1M
Employees
572
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating96% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Penny Lane Centers: 96% to programs · $1 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating6 mo reserves · +2% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Penny Lane Centers: 6 mo reserves · +2% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Penny Lane Centers: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Penny Lane Centers: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
We empower hopes and dreams. our values are commitment, community, and collaboration. we welcome all regardless of gender, race, age, religion, disability, marital status, ethnic background, sexual orientation, gender identity and gender expression.
What they do
Foster care - provides 24-hour care and adoptive services. penny lane works to ensure permanency for children by matching them with certified adoptive families and facilitating the adoption process. during the covered year, 202 clients were served.
In home services (pff, rhas, rss): penny lane centers provide a comprehensive range of prevention, support, intervention, transitional and maintenance services for families in the communities of los angeles county.
The family preservation program: goal is to keep the family united by providing in-home outreach counseling services that will assist, support, inform and educate the family and is a collaborative effort between the department of children and family services (dcfs), department of mental health (dmh), department of probation and penny lane centers. during the year covered, 269 families were served.substance use disorder residential & outpatient funded by sapse - penny lane centers is dedicated to working with adolescents, adults and families struggling with alcohol and other drug use. our goal is to assist individuals along their journey in recovery. we believe in working on the core issues of substance and alcohol use by utilizing proven evidenced based practices that promote and sustain clean and sober living.unarmed model crisis response: provide mobile crisis response services to as-needed requests from 911 operators regarding non-violent situations that occur in the city of los angeles that have a social services impact and would benefit from personnel trained in conflict resolution, de-escalating techniques, and other non-violent approaches.
Contact & location
- Address
- 10526 Dubnoff Way, N Hollywood, CA, 91606
- City
- N Hollywood
- State
- California
- Category
- —
- Subcategory
- —
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $53.3M (FY2013) to $66.7M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $13.8MNet assets $35.1M
Operating margin
2.3%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$48.9M
Total liabilities
$13.8M
Net assets
$35.1M
Salaries & benefits
$47.1M
72% of expenses
Board members
12
12 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $66,651,463▼5.5% | $65,087,547▲0.6% | $35,108,303▲6.4% | $48,926,016▼3.6% | 990 |
| 2023 | $70,526,520▲30.3% | $64,675,311▲19.7% | $32,990,261▲24.2% | $50,778,949▲23.5% | 990 |
| 2022 | $54,105,621▼5.6% | $54,038,931▲0.2% | $26,557,065▲2.2% | $41,101,363▲3.9% | 990 |
| 2021 | $57,327,728▲2.0% | $53,930,423▼3.8% | $25,975,191▲9.8% | $39,570,821▼1.2% | 990 |
| 2020 | $56,218,978▼5.0% | $56,076,251▼4.7% | $23,665,499▲7.0% | $40,066,776▲8.3% | 990 |
| 2019 | $59,200,085▲2.7% | $58,853,770▼0.2% | $22,109,545▲0.9% | $37,011,767▼1.0% | 990 |
| 2018 | $57,625,264▼4.7% | $58,988,960▲1.9% | $21,910,475▼5.5% | $37,400,186▼2.6% | 990 |
| 2017 | $60,453,028▲10.2% | $57,872,957▲3.6% | $23,182,763▲14.2% | $38,384,727▼7.0% | 990 |
| 2016 | $54,872,596▼2.1% | $55,872,756▲0.8% | $20,304,548▼2.8% | $41,274,384▲3.9% | 990 |
| 2015 | $56,056,257▲4.7% | $55,441,847▲4.5% | $20,895,296▲1.8% | $39,725,357▲2.5% | 990 |
| 2014 | $53,562,404▲0.6% | $53,063,134▼0.9% | $20,535,555▲1.3% | $38,751,019▲1.7% | 990 |
| 2013 | $53,258,114 | $53,531,491▲11.1% | $20,262,232▲1.0% | $38,096,004▼2.1% | 990 |
| 2012 | — | $48,175,393▲14.2% | $20,062,691▲36.1% | $38,923,690▲21.3% | 990 |
| 2011 | — | $42,196,700▲11.1% | $14,738,313▲2.0% | $32,082,025▲1.1% | 990 |
| 2010 | — | $37,971,372▲14.9% | $14,450,370▲4.1% | $31,745,155▲6.1% | 990 |
| 2009 | — | $33,046,806 | $13,875,744 | $29,920,643 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Wendy Carpenter — $432,057 (0.66% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Wendy Carpenter | Ceo | 34 | $432,057 |
| Bernie La Fianza | Cfo | 34 | $339,348 |
| Rosana La Fianza | Chief Operations Officer | 32 | $339,085 |
| Dr Maria Judith Sandino | Chief Programs Officer | 40 | $338,323 |
| Naomi Novak | Deputy Director | 40 | $265,278 |
| Kristin Malka | Sr. Dir. Behavioral Health Svcs | 40 | $226,693 |
| Maura Johnson | Director of Housing | 40 | $207,808 |
| Adrienne S Khorasanee | President | 1 | — |
| Alex Wheeler | Board Member | 1 | — |
| Annick Hamon | Board Member | 1 | — |
| Anthony Lee | Board Member | 1 | — |
| Bruce Hector Md | Secretary | 1 | — |
| James Ocon | Board Member | 1 | — |
| Janine Newman | Board Member | 1 | — |
| Kathi Atkinson | Treasurer | 1 | — |
| Kathryn Bailey-cunningham | Board Member | 1 | — |
| Katrina Rosale | Vice President | 1 | — |
| Morgan Hakimi Phd | Board Member | 1 | — |
| Rocky Deangelis | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Linda Christine Salazar Md | Psychiatric Services | $566,385 |
| Oscar Rosas | Psychiatric Services | $537,365 |
| Alan J Golian Psyd Child Psychology | Psychiatric Services | $302,482 |
| Daniel E Grosz Md | Psychiatric Services | $293,015 |
| Huey Merchant Md | Psychiatric Services | $219,436 |
Grants received · $475K total
26 grants to Penny Lane Centers totaling $475K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Kaiser Foundation Hospitals | Penny lane centers: increasing access to behaviora | 2024 | $20,000 |
| American Online Giving Foundation Inc | General support | 2024 | $17,411 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $12,529 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $8,307 |
| Baby2baby | In-kind donations of program supplies for needy families | 2024 | $5,518 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $74,721 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $24,437 |
| Kaiser Foundation Hospitals | Increasing access to sud treatment services | 2023 | $20,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $15,654 |
| American Online Giving Foundation Inc | General support | 2023 | $8,788 |
| Baby2baby | In-kind donations of program supplies for needy families | 2023 | $8,320 |
| Baby2baby | In-kind donations of program supplies for needy families | 2022 | $55,512 |
| Baby2baby | In-kind donations of program supplies for needy families | 2022 | $41,933 |
| Kaiser Foundation Hospitals | Penny lane centers: increasing access to sud treat | 2022 | $20,000 |
| Baby2baby | In-kind donations of program supplies for needy families | 2022 | $6,534 |
Frequently asked questions
- Is Penny Lane Centers a legitimate nonprofit?
- Yes. Penny Lane Centers is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 95-2633765, based in N Hollywood, California. Donations are tax-deductible.
- What is Penny Lane Centers's EIN?
- Penny Lane Centers's Employer Identification Number (EIN) is 95-2633765.
- How much revenue does Penny Lane Centers report?
- Penny Lane Centers reported $66,651,463 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Penny Lane Centers's spending goes to programs?
- Penny Lane Centers spends about 96% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Penny Lane Centers have?
- CharityIndex grades Penny Lane Centers A+, based on program efficiency and fundraising cost.
- How much does Penny Lane Centers's highest-paid employee make?
- The highest reported compensation on Penny Lane Centers's latest Form 990 is $432,057, paid to Wendy Carpenter (Ceo).
More nonprofits in N Hollywood
Explore more
Data for Penny Lane Centers (EIN 95-2633765) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.