DEBTWAVE CREDIT COUNSELING INC

As filed

Subsection

03

NTEE code

P51

Classification

1000

Street

1835A S CENTRE CITY PARKWAY 508

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Mission and programs · 2025

• THE ORGANIZATION PROVIDES ONE ON ONE COUNSELING SESSIONS FOR THEIR CLIENTS. THROUGH THIS SERVICE, EACH CLIENT RECEIVES A DETAILED REVIEW OF ALL LIABILITIES, ASSETS, MONTHLY EXPENSES AND MONTHLY INCOME. AT THE CONCLUSION OF EACH SESSION CLIENTS RECEIVE A DETAILED FINANCIAL ANALYSIS REPORT WITH A LIST OF POSSIBLE OPTIONS TO PAY BACK THEIR DEBT. 2,173 COUNSELING SESSIONS WERE COMPLETED IN 2025.

  Expenses $2,136,671 · Revenue $2,193,906

• THE ORGANIZATION HAS A ROBUST EDUCATION AND OUTREACH WHICH IS BUILT AROUND A COMPREHENSIVE PERSONAL FINANCIAL EDUCATION PLATFORMTHAT FOCUSES ON THE OVERALL FINANCIAL HEALTH OF ITS CONSTITUENTS, INCLUDING MEMBERS OF THE MILITARY, YOUTH AND LOW-MODERATE INCOME FAMILIES. THE ORGANIZATION USES A MACRO APPROACH TOWARD TRANSFORMING PEOPLE'S FINANCIAL BEHAVIOR IN A WAY THAT ENCOURAGES THEM TO MAKE A LONG-TERM COMMITMENT TO INCREASING INCOME, DECREASING EXPENSES AND ACQUIRING ASSETS.THE ORGANIZATION PROVIDES SERVICES ACROSS KEY AREAS: FINANCIAL LITERACY, DEBT MANAGEMENT,BUDGETING AND CREDIT COUNSELING WHICH ARE INTEGRATED TOGETHER ALONG WITH ANCILLARY SERVICES PROVIDED BY COMMUNITY PARTNERS IN THE AREAS OF EMPLOYMENT/WORKFORCE DEVELOPMENT AND FINANCIAL EDUCATION/ADVISEMENT. ALL OF THESE SERVICES ARE PROVIDED TO CLIENTS IN A BUNDLED FASHION TO REINFORCE ONE ANOTHER AND TO FORGE A MULTI-FACETED APPROACH TO OVERALL FINANCIAL FITNESS.

  Expenses $48,767 · Grants $17,000 · Revenue $78,580

As filed on the 2025 return.

Officers and directors · 2025

As listed in Part VII of the 2025 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.

Filings

• 2025

  Revenue

  $3,177,074

  Expenses

  $2,649,504

  Contributions

  $1,016,935

  Grants paid

  $17,000

• 2024

  Revenue

  $2,604,961

  Expenses

  $2,610,740

  Contributions

  $544,551

  Grants paid

  $20,000

• 2023

  Revenue

  $2,888,871

  Expenses

  $3,451,397

  Contributions

  $691,425

  Grants paid

  $12,000

• 2022

  Revenue

  $3,200,189

  Expenses

  $3,601,751

  Contributions

  $487,572

  Grants paid

  $15,000

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Other returns filed

• 2021 · 990

  Revenue

  $5,189,974

  Expenses

  $4,411,039

  Assets (EOY)

  $1,629,187

• 2020 · 990

  Revenue

  $5,070,364

  Expenses

  $5,536,835

  Assets (EOY)

  $1,416,404

• 2019 · 990

  Revenue

  $5,270,428

  Expenses

  $5,290,001

  Assets (EOY)

  $1,530,724

• 2018 · 990

  Revenue

  $5,058,077

  Expenses

  $5,237,366

  Assets (EOY)

  $1,644,823

• 2017 · 990

  Revenue

  $4,497,979

  Expenses

  $3,958,702

  Assets (EOY)

  $1,469,344

• 2016 · 990

  Revenue

  $3,795,434

  Expenses

  $3,813,663

  Assets (EOY)

  $1,013,258

• 2015 · 990

  Revenue

  $3,253,412

  Expenses

  $3,291,151

  Assets (EOY)

  $3,922,531

• 2014 · 990

  Revenue

  $3,307,155

  Expenses

  $3,289,079

  Assets (EOY)

  $577,030

• 2013 · 990

  Revenue

  $3,473,626

  Expenses

  $3,772,319

  Assets (EOY)

  $520,685

• 2012 · 990

  Revenue

  — not reported

  Expenses

  $4,723,767

  Assets (EOY)

  $892,059

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• COLON CANCER COALITION

  $10,000

  2024

• FIGHT COLORECTAL CANCER

  $10,000

  2024

• COLON CANCER COALITION

  $8,500

  2025

• FIGHT COLORECTAL CANCER

  $8,500

  2025

Where these grants went next →

Grants received

• FOUNDATION FOR FINANCIAL PLANNING INC

  $25,000

  2022 · OUTRECH

• FOUNDATION FOR FINANCIAL PLANNING INC

  $20,000

  2023 · OUTRECH

• FOUNDATION FOR FINANCIAL PLANNING INC

  $18,000

  2024 · OUTREACH

Other IRS files