Pengukuran Kinerja Keuangan Organisasi Islami Non Profit

(Studi Kasus di BAZNAS Kabupaten Lumajang)

Abstract

This study aims to measure the financial performance of BAZNAS Lumajang Regency using the PUSKAS ratio. As standard PUSKAS ratios only provide partial assessments, this research develops a novel aggregate financial ratio measurement model using weighting and categories. The case study uses secondary data from audited financial reports (2017-2019) and utilizes quantitative descriptive analysis, complemented by the Miles-Hubberman approach for qualitative data. The analysis of activity, efficiency, amil fund, liquidity, and growth ratios concluded that the financial performance of BAZNAS Lumajang Regency for the period was consistently good. Furthermore, the developed aggregate financial ratio model confirmed that the overall financial performance is in good condition. The findings suggest that BAZNAS management should strive to enhance financial performance from good to very good