PENNY LANE CENTERS Charity Report

Public IRS 990 nonprofit record

PENNY LANE CENTERS

EIN 95-2633765 · Residential Mental Health Treatment (F33)

What they do

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.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $96.20 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders19 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

93.93%of revenue went to mission work96.2% of expenses · Program services

1.22%of revenue went to fundraising1.2% of expenses

$97.65spent for every $100 of revenueRevenue covered expenses this year.

2.50%of revenue went to management and office costs2.6% of expenses

$0.75in assets for every $1 spent this yearSome assets cannot be spent right away.

94.9%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $447,315 for WENDY CARPENTER (CEO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$66,651,463

Mission workProgram services$62,606,58793.93% of revenue96.2% of expenses

ManagementOffice and general costs$1,669,2912.50% of revenue2.6% of expenses

FundraisingAsking for donations$811,6691.22% of revenue1.2% of expenses

Revenue left after expensesReported annual surplus$1,563,9162.35% of revenueShown in gray on the chart

Total expenses$65,087,54797.65% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 96.2% mission · 2.6% management · 1.2% fundraisingTotal expenses: 97.65% of revenue

2023Expense mix: 96.6% mission · 2.2% management · 1.2% fundraisingTotal expenses: 91.70% of revenue

2022Expense mix: 88.0% mission · 10.8% management · 1.2% fundraisingTotal expenses: 99.88% of revenue

2021Expense mix: 90.4% mission · 9.0% management · 0.7% fundraisingTotal expenses: 94.07% of revenue

2020Expense mix: 92.0% mission · 7.5% management · 0.5% fundraisingTotal expenses: 99.75% of revenue

2019Expense mix: 93.6% mission · 5.4% management · 1.0% fundraisingTotal expenses: 99.42% of revenue

2018Expense mix: 94.5% mission · 4.5% management · 0.9% fundraisingTotal expenses: 102.37% of revenue

2017Expense mix: 92.8% mission · 6.4% management · 0.8% fundraisingTotal expenses: 95.73% of revenue

Money in and money out

Revenue$66,651,463

Expenses$65,087,547

Annual surplus $1,563,916 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$62,606,587 · 96.2% of expenses

Management and office costs$1,669,291 · 2.6% of expenses

Fundraising$811,669 · 1.2% of expenses

See all reported dollar amounts

Revenue$66,651,463

Expenses$65,087,547

Assets$48,926,016

Income$66,651,463

Contributions$63,273,687

Mission work (program services)$62,606,587

Fundraising$811,669

Management and general$1,669,291

Executive compensation (total)$1,021,423

Stocks and bonds$8,496,690

Accounting fees$164,267

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

WENDY CARPENTERCEO · 34 hrs/week $447,315Base $432,057 · Other $15,258

BERNIE LA FIANZACFO · 34 hrs/week $351,048Base $339,348 · Other $11,700

ROSANA LA FIANZACHIEF OPERATIONS OFFICER · 32 hrs/week $349,453Base $339,085 · Other $10,368

DR MARIA JUDITH SANDINOCHIEF PROGRAMS OFFICER · 40 hrs/week $349,348Base $338,323 · Other $11,025

NAOMI NOVAKDEPUTY DIRECTOR · 40 hrs/week $276,722Base $265,278 · Other $11,444

KRISTIN MALKASR. DIR. BEHAVIORAL HEALTH SVCS · 40 hrs/week $249,060Base $226,693 · Other $22,367

MAURA JOHNSONDIRECTOR OF HOUSING · 40 hrs/week $220,851Base $207,808 · Other $13,043

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (19)

WENDY CARPENTERCEO

BERNIE LA FIANZACFO

ROSANA LA FIANZACHIEF OPERATIONS OFFICER

DR MARIA JUDITH SANDINOCHIEF PROGRAMS OFFICER

NAOMI NOVAKDEPUTY DIRECTOR

KRISTIN MALKASR. DIR. BEHAVIORAL HEALTH SVCS

MAURA JOHNSONDIRECTOR OF HOUSING

KATHI ATKINSONTREASURER

ROCKY DEANGELISBOARD MEMBER

MORGAN HAKIMI PHDBOARD MEMBER

KATRINA ROSALEVICE PRESIDENT

KATHRYN BAILEY-CUNNINGHAMBOARD MEMBER

ADRIENNE S KHORASANEEPRESIDENT

JANINE NEWMANBOARD MEMBER

JAMES OCONBOARD MEMBER

BRUCE HECTOR MDSECRETARY

ANTHONY LEEBOARD MEMBER

ANNICK HAMONBOARD MEMBER

ALEX WHEELERBOARD MEMBER

About this charity

Recognized since: January 1966
Location: 10526 DUBNOFF WAY, N HOLLYWOOD, CA 91606-3921
County: Los Angeles
In care of: % LAURA ESTRADA
Primary officer: Bernie La Fianza, CFO

How to reach them

WebsiteVisit the charity’s website Phone(818) 892-3423

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: HARRINGTON GROUP CPAS LLP
NTEE classification: Residential Mental Health Treatment (F33)
IRS tax category: Residential Mental Health Treatment

PENNY LANE CENTERS

PENNY LANE CENTERS

What they do

Should I give to this charity?

Basic facts we verified

Money made simple

Ask these three easy questions

Financial picture

How each $100 of revenue was used

Has the pattern changed?

Money in and money out

Reported spending amounts

Leadership and board

People reported as paid

About this charity

How to reach them

Filing and classification

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