The FHR is generated from operating financial data, so most companies with an income statement and balance sheet can be rated. A small number of entity types fall outside the model. If any of these apply to your business, let our team know in chat so we can classify the record correctly and set the right expectations with our client.
Non-profit organizations that do not operate commercially
We cannot rate non-profits that are pure government agencies or that predominantly engage in grant-making. The FHR is built to measure operating financial health, and the financials of these organizations do not reflect the kind of activity the model is designed to assess.
Operating non-profits with normal revenue and expenses can still be rated.
Real Estate Investment Trusts (REITs)
We cannot rate REITs. Trusts do not inherently conduct operations in the way the FHR model requires, so the score would not accurately reflect the entity's financial health.
Companies with less than 9 months of historical financial data
We cannot rate newly-formed companies that have been operating for less than 9 months. The FHR model requires a minimum of 9 months of historical financial data to generate a rating.
Once your company reaches 9 months of history, we can complete a rating on the data available.
Financial firms are rated with specialized reports
Banks, insurance companies, and financially diversified firms are rated. They use a specialized report format built for the structure of their financial statements rather than the standard FHR report. See Rating Banks, Financial Diversified, & Insurance Companies for what these reports include.