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Filing year 2023

Penny Lane Centers

North Hollywood, California·EIN 95-2633765·3
Total revenue
$70.5M
Total assets
$50.8M
Total expenses
$64.7M
Reported officers
20
Mission

Penny Lane Centers ("Penny Lane") is a public non-profit organization established in 1969 and has been serving the community since. Its mission is to foster hopes and dreams and transforming lives by empowering children, youth, and families to reach their highest potential. Penny Lane provides, foster family home placement for boys and girls of all ages, a variety of community based services as well as services for those in our transitional housing and permanent housing programs. Penny Lane also offers a variety of outpatient mental health services in its 4 primary locations in Los Angeles County.

Executive compensation, broken down

Form 990 · Schedule J · 7 reported individuals · Filing year 2023

Base
$358k
Bonus
$17k
Other
Benefits
$11k
Chief Programs Officer
highest compensated employee
$319k
$352k
Base
$261k
Bonus
$34k
Other
Benefits
$19k
Chief Operations Officer
highest compensated employee
$304k
$336k
Base
$270k
Bonus
$17k
Other
Benefits
$11k
Director of Financing
director (operational)
$303k
$335k
Base
$269k
Bonus
$18k
Other
Benefits
$11k
Sr. Dir. Behavioral Health Svcs
highest compensated employee
$201k
$222k
Base
$149k
Bonus
$31k
Other
Benefits
$18k
Deputy Director
highest compensated employee
$196k
$216k
Base
$191k
Bonus
$2k
Other
Benefits
Deputy Director
highest compensated employee
$185k
$205k
Base
$160k
Bonus
$22k
Other
Benefits

Teal figures restate each filed amount in 2026 dollars.

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 13 unpaid individuals.

Up 15%
from 2022

From $342k in 2022 to $392k in 2023.

$342k
2022
$392k
2023
In today's dollarsEst.
Up 11% in real terms$391k to $433k

Estimated with Los Angeles-Long Beach-Anaheim, CA metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Penny Lane Centers reported revenue and expenses across 2 filing years.

RevenueExpenses
$54.1M
$54M
2022
$70.5M
$64.7M
2023
Total revenue and total expenses from IRS Form 990 filings.
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