BALANCING MISSION AND MARKET: FINANCIAL HEALTH ANALYSIS IN THE HYBRID NONPROFIT ORGANIZATION (EVIDENCE IN GHANATION FOUNDATION, EAST JAVA)

Abstract

This article provides a comprehensive description of the practices and strategies of a hybrid nonprofit in balancing its core mission while dealing with limited resources. Using a qualitative case study method, the researcher analyzes the financial report and utilizes participant observation in the Ghanation Foundation, one of the prominent health human service nonprofits in East Java. The finding reveals that this organization manages its solvency and liquidity well, indicated by its asset base to liabilities and the ability to meet short-term obligations using current assets. However, the financial flexibility demonstrates the struggle to maintain in case of any unexpected financial demands in the future. Further, balancing the core mission and financial resilience is conducted through cross-subsidization and labor in lieu of payment. Despite the comprehensive descriptions of the results, there may be some limitations in this study, including limited generalizability and potential research bias. The finding may not be generalizable to the broader population, and subjective data interpretation may occur