Frances Okolo, CPA · Nonprofit accounting

Clear books. Clean audits. A finance function your board can trust.

I work with small and growing nonprofits that have outgrown spreadsheets and part-time bookkeeping but aren't ready for a full finance team. I become that team.

Fractional, not freelanceA standing role on your team, at the hours you actually need.
Fund-level clarityRestricted, unrestricted, grant by grant, program by program.
Audit-ready by designClose the books every month as if the auditors arrive tomorrow.

Why it matters

Financial clarity is not overhead. It is what lets a mission grow.

Funders read the numbers before they read the story. A clean audit, a defensible budget, and a board packet that answers questions before they are asked will do more for your next grant than any pitch deck.

Who I work with

Organizations at the point where the money got complicated.

  • Small nonprofitsBudgets from roughly $500K to $10M, often with one person wearing the finance hat alongside three others.
  • Grant-funded programsFoundation and institutional awards with restrictions, match requirements, and reporting calendars that need to be tracked precisely.
  • Boards in transitionNew executive director, first audit, or a funder asking for financial statements.

Services

Everything a finance department does, scaled to fit.

Foundations

Accounting & monthly close

The core. Accurate books, closed on time, structured around how your organization actually runs.

Assurance

Audit readiness

Preparation that turns audit season from a scramble into a formality.

Grants

Grant & fund management

Every dollar traceable to its source and its restriction.

All services, including grant management, fractional services, and compliance →

How it works

A steady rhythm, established in the first ninety days.

1

Discovery

A 45-minute call, then a review of your books, chart of accounts, and last audit or 990. You get a written assessment either way.

2

Cleanup & setup

Reconcile what's behind, restructure the chart of accounts around funds and programs, and set the systems your team will actually use.

3

Monthly rhythm

Books closed by a fixed date. A management report that reads in ten minutes. Questions answered before the board meeting.

4

Strategic partnership

Budget season, audit season, grant season. I'm in the room for each, and on call in between.

Frances Okolo

About

Fifteen years inside finance departments. Now I build them for others.

Frances Okolo is a CPA and finance executive with a background in nonprofit accounting, audit leadership, and financial transformation. She works with a small number of organizations at a time so each gets a real seat at the table.

Read more about Frances →

Get started

Let's look at your books together.

A 45-minute intro call, no preparation needed. You'll leave with a clear read on where you stand.

Book an intro call →