Capital Structure or Profitability - Which would an SE think is most important?

My presentation a couple of weeks ago was on measuring nonprofit success, growth and financial health using ratios from 990 forms. Those ratios were divided into three categories: Liquidity, Capital Structure and Profitability. After class, I thought all are important but which would a social entrepreneur (SE) value most? Which would he/she watch more closely or use more in making decisions? Is Liquidity is easy to take out - important but not more than the other two? Just thinking of the existing nonprofit - every nonprofit needs capital to get a new venture off the ground. But then profitability can help you achieve that capital structure instead of needing a loan, investor or increasing long-term debt/liabilities. But being able to pay all your bills at one point in time (liquidity) would also help make expanding to a new venture easy. Or maybe as I am writing - the SE can't look at one ratio or ratio category in a vaccum.