Nonprofit · EIN 85-3394842
CREATE BETTER LIFE INC
Tax-exempt · MORRISVILLE, NC 27560
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| October 31, 2025 | 990 | $374,012 | $181,623 | $192,389 | $781,359 | $0 | $781,359 |
| October 31, 2024 | 990 | $376,739 | $227,787 | $148,952 | $588,970 | $0 | $588,970 |
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.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Meng Wang | President Officer | 8 | $0 |
990 for the year ended October 31, 2024: 1 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Meng Wang | President 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
Program accomplishments
- Educate childrenExpenses $443 · revenue $229,295
- Science and culture educationExpenses $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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2024 | October 31, 2025 | March 16, 2026 | 990 on file |
| 2023 | October 31, 2024 | March 17, 2025 | 990 on file |
| 2022 | October 31, 2023 | March 15, 2024 | 990 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
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | October 2025 | – | – | – | IRS |
| 990 | October 2024 | – | – | – | IRS |
| 990 | October 2023 | $233,952 | $1,042 | $440,018 | IRS |
| 990 | October 2022 | $45,082 | $867 | $241,558 | IRS |
| 990-EZ | October 2021 | – | – | – | 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 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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