Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 66-0886812

WAVES AHEAD CORP

Tax-exempt · SAN JUAN, PR 00921

Financials

$1M$1.1M2023$1.7M$1.5M2024$1.7M$1.8M2025
Revenue Expenses · by fiscal year end
Financials of WAVES AHEAD CORP by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$1,725,058$1,797,773-$72,715$716,069$224,607$491,462
December 31, 2024990$1,718,306$1,485,164$233,142$625,600$61,424$564,176
December 31, 2023990$1,030,180$1,068,203-$38,023$446,321$115,286$331,035
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$1,725,058
of which government grants
$1,051,934
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$1,662
Accounting fees
$16,503
Travel
$5,703
Depreciation
$41,398
Program services (functional)
$646,258
Management and general (functional)
$1,151,515

Balance sheet and other

Total assets, start of year
$625,600
Total assets, end of year
$716,069
Total liabilities, end of year
$224,607
Net assets, end of year
$491,462
Land, buildings and equipment
$555,494
Net assets without donor restrictions
$491,462
Gross receipts
$1,725,058
Employees
0
Volunteers
0
Year formed
2017

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Wilfred LabiosaCEO President
Trustee or director, Officer
0$78,493
Lisbeth MelendezVice President
Officer
0$0
Carmen CollazoSecretary
Officer
0$0
Wilmer RodriguezTrasurer
Officer
0$0
Luis FerrerMember at Large
Officer
0$0
Jean-Marie NavettaMember at Large
Officer
0$0
990 for the year ended December 31, 2024: 7 people
NameTitleHours / weekCompensation
Wilfred LabiosaCEO President
Trustee or director, Officer
0$79,170
Lisbeth MelendezVice President
Officer
0$0
Carmen CollazoSecretary
Officer
0$0
Jean-Marie NavettaTreasurer
Officer
0$0
Luis FerrerMember at Large
Officer
0$0
Gary BonillaMember at Large
Officer
0$0
Jossie ValentinMember at Large
Officer
0$0
990 for the year ended December 31, 2023: 7 people
NameTitleHours / weekCompensation
Wilfred LabiosaCEO President
Trustee or director, Officer
0$79,300
Lisbeth MelendezVice President
Officer
0$0
Carmen CollazoSecretary
Officer
0$0
Jean-Marie NavettaTreasurer
Officer
0$0
Luis FerrerMember at Large
Officer
0$0
Gary BonillaMember at Large
Officer
0$0
Jossie ValentinMember at Large
Officer
0$0

Address and contacts

Address (IRS master file)
1149 AVE AMERICO MIRANDA, SAN JUAN, PR 00921-2212
In care of
% WILFRED LABIOSA
Principal officer (990 for 2025)
Wilfred Labiosa, 1149 Ave Americo Miranda, San Juan, Puerto Rico 00921, RQ
Signed the 990
Wilfred, Labiosa
Return prepared by
I ALVAREZ

Mission

Waves Ahead is dedicated in supporting marginalized and vulnerable sectors of Puerto Rican society by providing aid in their needed areas to re-establish and strengthen them.

990 for the year ended December 31, 2025

Program accomplishments

  • EXPRESATE - We provide individual and group mental health services plus music therapy creative arts and mindfulness sessions yoga meditation and other anciliary services to support individuals mental health. We also provide support groups and specialized services for survivor of violence all focused on older adults and women head of households
    Expenses $543,075
  • DESCUBRETE and EMPODERATE a program that supports business and cooperative entrepreneurship of small business among the community older adults and women head of households.
    Expenses $103,183
  • Reconstruye Q - This program works to provide assistance during times of emergency in the country and provide short term counseling and mental health supports to individual impacted by the phenomenon with strengthening the resiliency of the individual and community.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
66-0886812
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2017
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P99)
Assets (IRS master file)
$716,069
Income (IRS master file)
$1,725,058

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$1,725,058$1,797,773$716,069XML
990December 2024$1,718,306$1,485,164$625,600XML
990December 2023$1,030,180$1,068,203$446,321XML
990December 2022$965,843$1,145,194$447,158IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2019–––IRS
990December 2018–––IRS

990-N: the IRS publishes only the latest e-Postcard per organization; earlier years appear here as 990.tax collects the monthly files. 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS.

Questions about WAVES AHEAD CORP

What is the EIN of WAVES AHEAD CORP?
The employer identification number (EIN) of WAVES AHEAD CORP is 66-0886812.
Is WAVES AHEAD CORP tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2017.
Are donations to WAVES AHEAD CORP tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does WAVES AHEAD CORP file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of WAVES AHEAD CORP due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did WAVES AHEAD CORP last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of WAVES AHEAD CORP?
The 990 for the year ended December 31, 2025 names Wilfred Labiosa.
Who are the officers and directors of WAVES AHEAD CORP?
The 990 for the year ended December 31, 2025 lists 6 people; 1 received compensation from the organization, the highest $78,493 (Wilfred Labiosa, CEO President).
How much revenue does WAVES AHEAD CORP have?
On its 990 for the year ended December 31, 2025 it reported revenue of $1,725,058, expenses of $1,797,773 and total assets of $716,069 at year end.

Other nonprofits in SAN JUAN

All nonprofits in SAN JUAN · Puerto Rico · Human services