Skip to the page content
Your donations
Passes our checks

Api Innovation Center

EIN 87-1772821 · Saint Louis, MO

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood82 out of 100GovernanceGood79 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

DRIVE NATIONAL HEALTH SECURITY AND ECONOMIC GROWTH THROUGH U.S.-BASED PRODUCTION OF MEDICINES SO THAT EVERY PATIENT, HEALTH CARE SYSTEM AND PHARMACY RETAILER HAS ACCESS TO CRITICAL MEDICINES.

Income
$10.3 million
Spending
$7.2 million
Spent on programs
64%
Reserves
6.4 months of spending
Largest source of income
government grants, 94%
Employees
19
Volunteers
6
Highest pay
$352,639, chief executive officer

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 82 out of 100. Higher than 78% of charities in its peer group (human services, $10m to $100m).

  • Reserves

    28 of 35

    Spendable reserves would cover 6.4 months of spending.

  • Debt

    16 of 20

    It owes 25% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 30% of income.

  • Income trend

    15 of 15

    Income rose 190% on the year before.

  • Spending floor

    8 of 15

    64% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 79 out of 100. Higher than 8% of charities in its peer group (human services, $10m to $100m).

  • Independent board

    25 of 25

    6 of 9 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    5 of 5

    Sets its chief executive's pay through independent review and comparison.

  • Independent check of accounts

    9 of 15

    Its accounts were reviewed or compiled by an independent accountant, but not audited.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (1)
  1. $4.6 million spent. APIIC OPENED A CUTTING-EDGE RESEARCH AND DEVELOPMENT LABORATORY AT THE UNIVERSITY OF MISSOURIST. LOUIS, WHERE SCIENTISTS ARE PIONEERING NEW ROUTES OF SYNTHESIS FOR CRITICAL MEDICINES VITAL TO NATIONAL HEALTH SECURITY. THE TEAM HAS AND IS DEVELOPING AND OPTIMIZING ADVANCED MANUFACTURING PROCESSES FOR FIVE KEY ACTIVE PHARMACEUTICAL INGREDIENTS (APIS)USING CONTINUOUS-FLOW AND INNOVATIVE TECHNIQUES TO IMPROVE EFFICIENCY, YIELD, AND PURITY. BEYOND TECHNICAL ACHIEVEMENTS, APIIC EMERGED AS A NATIONAL THOUGHT LEADER BY SHAPING POLICY, PUBLISHING INFLUENTIAL RESEARCH, AND CONVENING EXPERTS TO ADDRESS PHARMACEUTICAL SUPPLY CHAIN RESILIENCE, POSITIONING MISSOURI AS A MODEL FOR PUBLICPRIVATE COLLABORATION AND ADVANCED GENERIC DRUG MANUFACTURING.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since January 2022.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.