HIRANI PLATINUM CORPORATION (EIN 462203906) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2014

Legal Domicile

Principal Officer

KASHIF HIRANI

Phone

2813250365

Tax Period

2023-01-01 to 2023-12-31

HIRANI PLATINUM CORPORATION, founded in 2014, is a community nonprofit in the Food, Agriculture & Nutrition sector that reported $7.7M in total revenue in fiscal year 2023. Revenue grew 12% year-over-year, indicating healthy expansion.

Mission

CHILD AND ADULT CARE FOOD PROGRAM WITH THE TEXAS DEPARTMENT OF AGRICULTURE

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $7,747,399

Investment Income $0

Other Revenue $0

TOTAL REVENUE $7,747,399

Expense Breakdown

Grants Paid $6,643,632

Salaries & Benefits $922,289

Fundraising Expenses $0

Other Expenses $173,791

TOTAL EXPENSES $7,739,712

Year-over-Year Comparison

	2023	2022	Change
Revenue	$7,747,399	$6,931,546	+0.1%
Expenses	$7,739,712	$6,862,128	+0.1%
Net Income	$7,687	$69,418	-0.9%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✓ Conflict of Interest Policy

✗ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

$194,836

Total Directors

Key Employees

$198,242

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
KASHIF HIRANI	DIRECTOR	040.00	Officer	$115,365	$0	$115,365
ASHIQUE HIRANI	MANAGER	040.00	Officer Key Emp	$79,471	$0	$79,471
SEHR QAZI	MANAGER	040.00	Key Emp	$118,771	$0	$118,771

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$7,747,399	$7,739,712	$1,461,847	$7,687
2022	$6,931,546	$6,862,128	$1,152,078	$69,418
2021	$5,861,042	$5,819,855	$1,065,484	$41,187
2020	$4,438,012	$4,515,048	$514,331	$-77,036
2019	$4,220,150	$4,198,606	$350,158	$21,544
2018	$2,725,353	$2,691,941	$311,158	$33,412

HIRANI PLATINUM CORPORATION