Teleporter debounce is skipping my If statement, why?

Okay so Basically I have made a teleporter that returns the player to the lobby and gives them cash, however, for some reason the debounce gets activated early and doesn't do the if loop, to combat this I added a wait before the debounce which works, however it will give the player a ton of cash, usually about 70 dollars, I know this is because parts of the body are activating the if statement before the debounce turns on I just don't know what to do.

Original code that skips the if statement and prints error:

local p = script.Parent
debounce = false

p.Touched:Connect(function(plr)
	if plr.Parent.Name ~= "Stalker" then -- Checks to see if they are the killer in the game
		if debounce == false then 
			debounce = true
			plr.Parent.HumanoidRootPart.CFrame = game.Workspace.Lobby.SpawnLocation.CFrame + Vector3.new(0, 3, 0)
			wait()
			local pp = plr.Parent.Name
			local e = game.Players:FindFirstChild(pp)
			print(pp, " found")
			local ppp = e:FindFirstChild("leaderstats")
			local cash = ppp:FindFirstChild("Cash")
			cash.Value = cash.Value+10
			print("Gave Cash to ", pp)
			wait(2)
			debounce = false
			elseif debounce == true then print("Error")
			end
	end
end)

Altered code that gives random amounts of money:

local p = script.Parent
debounce = false

p.Touched:Connect(function(plr)
	if plr.Parent.Name ~= "Stalker" then
		if debounce == false then 
			wait()
			debounce = true
			plr.Parent.HumanoidRootPart.CFrame = game.Workspace.Lobby.SpawnLocation.CFrame + Vector3.new(0, 3, 0)
			wait()
			local pp = plr.Parent.Name
			local e = game.Players:FindFirstChild(pp)
			print(pp, " found")
			local ppp = e:FindFirstChild("leaderstats")
			local cash = ppp:FindFirstChild("Cash")
			cash.Value = cash.Value+10
			print("Gave Cash to ", pp)
			wait(2)
			debounce = false
			elseif debounce == true then print("Error")
			end
	end
end)