Controller & CFO Team

Your dedicated nonprofit controller and CFO team

Every MFO client works with a dedicated Nonprofit Controller as its main point of contact, supported by a Nonprofit Senior Accountant and a Nonprofit CFO. You get the depth of a full finance department from a team that knows your organization, because we keep client loads small.

AT A GLANCE

Main point of contact

Your dedicated Nonprofit Controller

Supported by

A Nonprofit Senior Accountant and a Nonprofit CFO

How we work

Recurring meetings, plus calls whenever questions come up

Continuity

Clients stay with MFO about three years on average

Your team

Three roles, one team

Your main point of contact

Nonprofit Controller

Owns your monthly close, reviews the work, answers your questions and coordinates with your auditors, 990 preparer and other partners.

Complex accounting

Nonprofit Senior Accountant

Handles reconciliations, allocations and complex entries, ensuring accuracy and compliance in every financial report.

Strategy and planning

Nonprofit CFO

Provides budgets, forecasts and strategic advice, and helps your board align financial strategy with your mission.

Bookkeeper vs. controller vs. CFO
BookkeeperRecords transactions and reconciles accounts.
ControllerOversees accounting accuracy, runs the monthly close, maintains internal controls, and prepares financial statements and audit schedules.
CFOLooks forward: budgeting, forecasting, cash strategy, and advising the board and finance committee.
MFOAll three roles, working together as one team that knows your organization.

How we work together

Built for a long partnership

01

Recurring meetings

A regular check-in with your controller keeps priorities, questions and deadlines aligned.

02

Available between meetings

Reach your team by email or a quick call when something comes up.

03

Clear ownership

You always know who is handling what, and who to call.

04

Continuity

Small client loads mean the same people learn your organization and stay with it.

Who it’s for

A good fit if you are…

  • Organizations that have outgrown a bookkeeper
  • Organizations whose controller or finance lead has left
  • Growing organizations not ready for full-time finance hires
  • Boards that want named, accountable finance support
“From the onboarding process to the day-to-day conversations, MFO is there when we need them. Peace of mind is critical for nonprofits, and MFO provides it in spades.”
Garrett Ballengee, Cardinal Institute

Common questions

Controller & CFO Team FAQ

Can MFO act as our nonprofit’s controller or CFO?

Yes. Every MFO client works with a dedicated Nonprofit Controller as its main point of contact, supported by a Nonprofit Senior Accountant for complex accounting tasks and a Nonprofit CFO for strategic financial advice.

What is the difference between a nonprofit bookkeeper, controller and CFO?

A bookkeeper records transactions and reconciles accounts. A controller oversees accounting accuracy, runs the monthly close, maintains internal controls, and prepares financial statements and audit schedules. A CFO looks forward: budgeting, forecasting, cash strategy, and advising the board and finance committee.

Will we work with the same people every month?

Yes. MFO keeps client loads small so your controller and team get to know your organization, and clients stay with MFO about three years on average.

How do we get started with MFO?

Start with a consultation. We learn about your organization, recommend a scope, and then onboard you, which typically takes 30 to 60 days from a signed agreement to your first monthly close.

Last updated October 2026

Get in touch

Put your mission first

Whether you’re looking for a new accounting partner or want to learn how MFO can serve your nonprofit, we’d love to hear from you.