We are excited to share with you that Kiddie Academy® Educational Child Care received a FUND Score of 885 (out of a possible 950), putting us in the top 2.6% of all scores.
FUND Scores are issued annually by research and marketing firm, FRANdata. To arrive at the score, FRANdata evaluates 13 publicly available credit risk and performance categories of a franchise brand that influence unit-level performance. FRANdata evaluates the information to arrive at the FUND Score, which is a predictor of future performance of the franchise system.
“It’s like a credit score,” explained Kiddie Academy Vice President of Finance Kevin Shaffer. “The score reflects the quality of our franchise system. Our Academies stay open, perform well and our Franchisees pay down their debt. We have a low default risk and lenders like that. For franchise systems like ours with good FUND Scores, lenders are inclined to offer better lending terms.”
Jeff Brazier, Kiddie Academy Chief Development Officer, said just qualifying for a FUND Score is proof of performance over time. “The score is only available for brands with enough size and longevity to work in FRANdata’s algorithm. It’s based on 10 years of performance history. This score includes our performance during the 2020 pandemic year, so it’s not just a reflection of how things were going when all was well and good. Having a score this high says a lot about the strength and resilience of both the child care category and our company.”
