Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 2022.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
47 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
10 people listed on the 990; $547K paid to officers and key staff.
Anthony Sardella’s $353K as Chief Executive Officer is at the 84th percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 5 named individuals · Part VII
| Name | FY2024 | FY2023 |
|---|---|---|
| Anthony Sardella | $352,639 | $228,000 |
| Kevin Webb | $273,946 | $229,744 |
| Donald Lohman | $234,872 | $14,769 |
| Brian Doty | $200,985 | $74,038 |
| Gerren McHam | $129,105 | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aNo
Programs and updates
Api Innovation Center is a human services nonprofit based in Saint Louis, MO, formed in 2021.
Questions for Api Innovation Center
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Fostered private-public partnership to enable us production of oncology drug in ST. Louis for the glioblastoma foundation at an affordable price. Obtained funding for start-up advanced technology company to conduct R&D for enabling manufacturing of seven cardiovascular drugs at 60% of the current cost of such drugs.
By the numbers
The FY2023 990, line by line.
Download 990
| Line | Start FY23 | End FY23 |
|---|---|---|
| Cash and savingsLn 1–2 | $14K | $786K |
| Total assetsLn 16 | $15K | $806K |
| LiabilitiesLn 26 | $0 | $5K |
| Net assetsLn 32 | $15K | $801K |
| Line | Total | Programs | Management | Fundraising |
|---|---|---|---|---|
| Grants to domestic organizationsLn 1 | $1K | $1K | ||
| Pay of current officers, directors and key staffLn 5 | $547K | $547K | ||
| Other salaries and wagesLn 7 | $119K | $119K | ||
| Pension plan contributionsLn 8 | $1K | $1K | ||
| Payroll taxesLn 10 | $16K | $16K | ||
| Legal feesLn 11b | $253K | $253K | ||
| Accounting feesLn 11c | $76K | $76K | ||
| Other fees for servicesLn 11g | $1.4M | $1.2M | $205K | |
| Advertising and promotionLn 12 | $84K | $13K | $71K | |
| Office expensesLn 13 | $15K | $15K | ||
| OccupancyLn 16 | $117K | $117K | ||
| Conferences, conventions and meetingsLn 19 | $29K | $123 | $29K | |
| InterestLn 20 | $129 | $129 | ||
| InsuranceLn 23 | $10K | $10K | ||
| Other expenses (24a–d)Ln 24 | $65K | $65K | ||
| Total functional expensesLn 25 | $2.8M | $1.3M | $1.5M | $0 |
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $10.3M | $7.2M | $3.1M | $3.8M | 990 PDF |
| FY2023 Viewing | $3.6M | $2.8M | $787K | $801K | 990 PDF |
| FY2022 | $108K | $188K | −$80K | $15K | 990 PDF |
| FY2021 | $110K | $15K | $95K | $95K | 990 PDF |
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Schedules filed Part IV
See the full FY2023 990 (6 parts)
Part I · Summary $3,564,134 revenue, 12 lines filed
Part VI · Governance 8 of 8 board members independent, 4 to look at
Part VIII · Statement of revenue $3,564,134 across 4 lines filed
Part IX · Statement of functional expenses $2,777,314 across 15 lines filed
Part X · Balance sheet $806,158 assets, 9 lines filed
Part XI · Reconciliation of net assets $801,447 net assets at year end
Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File
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