Public Charity

Penny Lane Centers

Penny Lane Centers is a Public Charity headquartered in North Hollywood, CA. Financial data from the 2025 filing: $66.7M revenue, $65.1M expenses, $48.9M total assets. 55 publicly reported grants to this organization, totaling roughly $697K, appear in IRS filings.

EIN: 952633765 North Hollywood, CA Latest filing: 2025
Total Revenue$66.7M
Total Expenses$65.1M
Total Assets$48.9M
Grant Records55
Funding Total$697K
Filing Years2021–2025

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.

Where $100 goes at Penny Lane Centers

How Penny Lane Centers divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$93 Programs the work itself
$6 Management running the organization
$1 Fundraising raising the next dollar

Inside the $93 for programs

$53
Mental Health
56% of program spending · Reported in the filing: 152,227 units of service; 210,459 units of service
$24
The Family Preservation Program
26% of program spending · Reported in the filing: 269 families
$9
In Home Services (PFF, RHAS, RSS)
10% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

President Adrienne S Khorasanee
Board Member Alex Wheeler
Board Member Annick Hamon
Board Member Anthony Lee
CFO Bernie La Fianza
Secretary Bruce Hector Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$353,581 15 grants
Education
$91,000 5 grants
Housing & Homelessness
$87,289 3 grants
Environment & Conservation
$41,217 1 grant
Health & Medicine
$8,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $66.7M $65.1M $48.9M
2024 $70.5M $64.7M $50.8M
2023 $54.1M $54.0M $41.1M
2022 $57.3M $53.9M $39.6M
2021 $56.2M $56.1M $40.1M

Between 2021 and 2025, reported annual revenue grew from $56.2M to $66.7M (+19%), with total assets most recently reported at $48.9M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for Penny Lane Centers

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