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Filing year 2023

Penny Lane Centers

North Hollywood, California·EIN 95-2633765·501(c)(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 · Part VII & Schedule J · 7 reported individuals · Filing year 2023

Percentile bands compare each position's total pay with the same role at nonprofits nationwide, across all sectors.

CEO
Above 90th percentile
$392k
$433k
Base
$358k
Bonus
$17k
Other
Benefits
$11k
Chief Programs Officer
Chief Program Officer
Above 90th percentile
$319k
$352k
Base
$261k
Bonus
$34k
Other
Benefits
$19k
Chief Operations Officer
Highest Compensated Employee
75th to 90th percentile
$304k
$336k
Base
$270k
Bonus
$17k
Other
Benefits
$11k
Director of Financing
Director (Operational)
Above 90th percentile
$303k
$335k
Base
$269k
Bonus
$18k
Other
Benefits
$11k
Sr. Dir. Behavioral Health Svcs
Highest Compensated Employee
Median to 75th percentile
$201k
$222k
Base
$149k
Bonus
$31k
Other
Benefits
$18k
Deputy Director
Highest Compensated Employee
Median to 75th percentile
$196k
$216k
Base
$191k
Bonus
$2k
Other
Benefits
Deputy Director
Highest Compensated Employee
Median to 75th percentile
$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.

Funded by

Private foundations whose Form 990-PF Part XV grants matched this organization.

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.

Pay for the position

Chief Executive Officer pay rose 15% from 2022 to 2023, while revenue rose 30%.

$342k in 2022 to $392k in 2023.
  • Chief Program Officer pay rose 19% from 2022 to 2023.
  • Highest Compensated Employee pay rose 18% from 2022 to 2023.

Pay for the position itself, not any one person. The officeholder may have changed between 2022 and 2023.

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.
FAQ

Common questions about Penny Lane Centers

What does the Chief Executive Officer of Penny Lane Centers earn?

In 2023, the Chief Executive Officer of Penny Lane Centers received $391,697 in total compensation. This pay is in the top 10% for Chief Executive Officer roles among nonprofits nationwide, across all sectors: at least 9 in 10 comparable filings report less. Based on IRS Form 990 data.

How does Chief Executive Officer pay at Penny Lane Centers compare with similar nonprofits?

Compared with the same role at nonprofits nationwide, across all sectors, the 2023 pay of the Chief Executive Officer at Penny Lane Centers falls in the top 10%.

What are Penny Lane Centers's revenue and expenses?

In 2023, Penny Lane Centers reported $70.5M in total revenue and $64.7M in total expenses on its IRS Form 990.

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