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Nonprofit · EIN 85-3394842

CREATE BETTER LIFE INC

Tax-exempt · MORRISVILLE, NC 27560

Financials

$234K$1K2022$377K$228K2023$374K$182K2024
Revenue Expenses · by fiscal year end
Financials of CREATE BETTER LIFE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
October 31, 2025990$374,012$181,623$192,389$781,359$0$781,359
October 31, 2024990$376,739$227,787$148,952$588,970$0$588,970
October 31, 2023990$233,952$1,042$232,910$440,018$0$440,018
Financial details: 990 for the year ended October 31, 2025

Revenue

Contributions, gifts and grants
$0
Program service revenue
$366,415
Investment income
$7,597
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
Accounting fees
$201
Occupancy
$178,110
Program services (functional)
$886

Balance sheet and other

Total assets, start of year
$588,970
Total assets, end of year
$781,359
Total liabilities, end of year
$0
Net assets, end of year
$781,359
Publicly traded securities
$738,086
Net assets without donor restrictions
$781,359
Gross receipts
$374,012
Employees
0
Volunteers
8
Year formed
2020
State of legal domicile
NC

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 October 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Meng WangPresident
Officer
8$0
990 for the year ended October 31, 2024: 1 people
NameTitleHours / weekCompensation
Meng WangPresident
Officer
8$0
990 for the year ended October 31, 2023: 1 people
NameTitleHours / weekCompensation
Meng WangPresident
Officer
8$0

Address and contacts

Address (IRS master file)
10520 CHAPEL HILL RD UNIT 105, MORRISVILLE, NC 27560-3005
In care of
% MENG WANG
Principal officer (990 for 2024)
Meng Wang, 101 Preston Executive Dr, Cary, NC 27513
Signed the 990
Meng Wang, President
Phone
(919) 987-6166

Mission

Education

990 for the year ended October 31, 2025

Program accomplishments

  • Educate children
    Expenses $443 · revenue $229,295
  • Science and culture education
    Expenses $443 · revenue $137,120

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 October, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2024October 31, 2025March 16, 2026990 on file
2023October 31, 2024March 17, 2025990 on file
2022October 31, 2023March 15, 2024990 on file

IRS record

EIN
85-3394842
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
2022
Accounting year ends
October
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B21)
Assets (IRS master file)
$781,359
Income (IRS master file)
$374,012

Filing history

FormYear endedRevenueExpensesAssetsReturn
990October 2025$374,012$181,623$781,359XML
990October 2024$376,739$227,787$588,970XML
990October 2023$233,952$1,042$440,018XML
990October 2022$45,082$867$241,558IRS
990-EZOctober 2021–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 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 (search EIN 85-3394842).

Questions about CREATE BETTER LIFE INC

What is the EIN of CREATE BETTER LIFE INC?
The employer identification number (EIN) of CREATE BETTER LIFE INC is 85-3394842.
Is CREATE BETTER LIFE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
Are donations to CREATE BETTER LIFE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does CREATE BETTER LIFE INC 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 CREATE BETTER LIFE INC due?
The return for tax year 2025 (the year ending October 31, 2026) is due March 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did CREATE BETTER LIFE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended October 2025.
Who is the principal officer of CREATE BETTER LIFE INC?
The 990 for the year ended October 31, 2025 names Meng Wang.
Who are the officers and directors of CREATE BETTER LIFE INC?
The 990 for the year ended October 31, 2025 lists 1 person; 0 received compensation from the organization.
How much revenue does CREATE BETTER LIFE INC have?
On its 990 for the year ended October 31, 2025 it reported revenue of $374,012, expenses of $181,623 and total assets of $781,359 at year end.

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