Solidarity HealthShare
The information on this page was last updated 2/17/2026. If you see errors or omissions, please email: [email protected]
Summary
WHY SOLIDARITY? We're Making Healthcare Ethical, Affordable, and Truly Comprehensive.
Contact information
Mailing address:
Solidarity HealthShare
4500 S Lakeshore Drive Suite 130
Tempe, AZ 85282
Website: solidarityhealthshare.org
Phone: (844) 313-4999
Organization details
EIN: 811012267
CEO/President: Bradley Hahn
Chairman: Christopher Faddis
Board size: 7
Founder: Chris Faddis
Ruling year: 2016
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
We are also the only healthcare sharing ministry whose Sharing Guidelines adhere to the moral and ethical tradition of the Roman Catholic Church, and the Ethical and Religious Directives of the United States Conference of Catholic Bishops.
Mission statement
A health care sharing ministry that provides and alternative way to fund health care costs while protecting and practicing our Catholic beliefs.
Statement of faith
Donor confidence score
Show donor confidence score details
To understand our donor confidence score, click here.
Transparency grade
D
To understand our transparency grade, click here.
Financial efficiency ratings
Sector: Healthcare Sharing
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | 899 of 1423 | 3 of 6 | |
| Fund acquisition rating |  | 1166 of 1423 | 5 of 6 |
| Resource allocation rating | | 1170 of 1423 | 4 of 6 |
| Asset utilization rating | | 118 of 1424 | 1 of 6 |
This ministry has a negative net worth, making it impossible to assign it a valid financial efficiency rating.
According to the organization's Form 990, it received $781,989 in government grants in 2024.
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 1% | 46% | 0% | 168406% | 1732% | 53% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 1% | 3% | 3% | 2% | 2% | 1% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 5% | 7% | 0% | 0% | 0% | 2% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 1% | 3% | 3% | 3% | 2% | 1% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 95% | 93% | 100% | 100% | 100% | 98% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 79% | 78% | 82% | 84% | 85% | 91% |
Spending ratio Spending ratio = Total expenses / Total revenue | 92% | 117% | 103% | 88% | 95% | 100% |
Program output ratio Program output ratio = Program services / Total revenue | 78% | 92% | 84% | 74% | 81% | 91% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 8% | -17% | -3% | 12% | 5% | 0% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 21% | 589% | -27% | 110% | -481% | -3% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 15% | 19% | 16% | 13% | 13% | 8% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 2.28 | 6.26 | 3.48 | 3.61 | 6.77 | 6.02 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.10 | 1.49 | 1.35 | 1.62 | 1.81 | 1.52 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.92 | 9.31 | 4.71 | 5.83 | 12.27 | 9.14 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 11.61 | 0.71 | 1.78 | 2.19 | 0.51 | 0.91 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.09 | 1.40 | 0.56 | 0.46 | 1.95 | 1.10 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 3.97 | -0.52 | 1.11 | 1.12 | -0.93 | -0.13 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 20% | 115% | 61% | 56% | 108% | 75% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 0% | 0% | 0% | 0% | 2% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 38% | -2% | 11% | 12% | -1% | 4% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $826,876 | $2,822,071 | $2,759,624 | $1,314,165 | $3,399,617 |
| Receivables, inventories, prepaids | $609,417 | $190,674 | $98,372 | $60,612 | $96,780 |
| Short-term investments | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,436,293 | $3,012,745 | $2,857,996 | $1,374,777 | $3,496,397 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $254,269 | $268,528 | $327,260 | $357,544 | $305,984 |
| Other long-term assets | $443,371 | $795,784 | $1,430,478 | $761,065 | $1,508,078 |
| Total long-term assets | $697,640 | $1,064,312 | $1,757,738 | $1,118,609 | $1,814,062 |
| Total assets | $2,133,933 | $4,077,057 | $4,615,734 | $2,493,386 | $5,310,459 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $1,435,655 | $821,718 | $1,304,157 | $2,677,479 | $3,841,849 |
| Other current liabilities | $578,654 | $874,041 | $0 | $0 | $0 |
| Total current liabilities | $2,014,309 | $1,695,759 | $1,304,157 | $2,677,479 | $3,841,849 |
| Debt | $0 | $0 | $0 | $0 | $116,482 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $447,640 | $777,631 | $1,282,152 | $10,000 | $0 |
| Total long-term liabilities | $447,640 | $777,631 | $1,282,152 | $10,000 | $116,482 |
| Total liabilities | $2,461,949 | $2,473,390 | $2,586,309 | $2,687,479 | $3,958,331 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | ($328,016) | $1,603,667 | $2,029,425 | ($194,093) | $1,352,128 |
| With donor restrictions | $0 | $0 | $0 | $0 | $0 |
| Net assets | ($328,016) | $1,603,667 | $2,029,425 | ($194,093) | $1,352,128 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $781,989 | $0 | $250 | $22,317 | $536,284 |
| Program service revenue | $10,643,248 | $13,774,623 | $18,778,381 | $17,764,966 | $31,341,080 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | ($297) | ($12,588) | $0 | $0 | $1,219 |
| Other revenue | $10,917 | $12,301 | $114,371 | $17,671 | $27,570 |
| Total other revenue | $10,653,868 | $13,774,336 | $18,892,752 | $17,782,637 | $31,369,869 |
| Total revenue | $11,435,857 | $13,774,336 | $18,893,002 | $17,804,954 | $31,906,153 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $10,487,379 | $11,614,365 | $14,000,172 | $14,370,079 | $29,170,370 |
| Management and general | $2,523,147 | $2,202,531 | $2,248,298 | $2,114,853 | $2,495,782 |
| Fundraising | $357,014 | $383,198 | $421,014 | $386,547 | $285,177 |
| Total expenses | $13,367,540 | $14,200,094 | $16,669,484 | $16,871,479 | $31,951,329 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($1,931,683) | ($425,758) | $2,223,518 | $933,475 | ($45,176) |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($1,931,683) | ($425,758) | $2,223,518 | $933,475 | ($45,176) |
Compensation
| Name | Title | Compensation |
| Bradley Hahn | Secretary and CEO | $353,844 |
| Chris Faddis | Chairman and President | $270,773 |
| Roxanne Rose | Chief of Staff | $228,383 |
| Dr John Oertle | Director and Chief Medical Officer | $201,875 |
| Andrew Schell Manager - | Account Management Until Sept. | $105,276 |
| David Bathon Dir Foundation | Advancement Until Oct. | $105,000 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 2/17/2026. To update the information below, please email: [email protected]
History
When the Affordable Care Act was passed, some Catholic leaders searched for ways to pay for medical costs without violating the consciences of those who participate. Because there was no viable Catholic health care sharing ministry, we partnered with a small Mennonite Church outside of Columbus, Ohio to offer health care sharing not only to Catholics, but to all Christians who want to be faithful to Jesus Christ and his teachings. This is a groundbreaking collaboration for faith-based health care sharing ministries - a first for Mennonites and Catholics who may differ in some doctrinal issues, but who agree on essential issues such as contraception, sterilization, abortion, euthanasia, religious liberty, and other key moral issues.