FXO provides independent and structured financial counsel to charities and foundations when funding decisions carry governance exposure and financial consequences.
FXO is not positioned for nonprofit bookkeeping, controllership or operational finance leadership.
FXO provides senior financial counsel structured across governance assessment, implementation, and recalibration.
A structured diagnostic evaluating funding governance across:
Clarity of oversight, decision rights, executive and board responsibilities
Funding concentration, volatility, conditional exposure
Capacity of leadership and governance structures
Structured senior counsel supporting the implementation of ARC recommendations and the formalization of funding governance
oversight.
Governance ARC AssessmentTM is required prior to this engagement.
A defined mandate to realign funding governance under conditions of elevated exposure. Engaged when funding risk, structural change, or financial consequence requires concentrated senior financial judgment.
Focused mandate. Structured reset. Governance clarity.
Nonprofit leaders navigating conditional, regulated, or materially consequential funding governance
Senior financial counsel, built for nonprofit
governance accountability
Across the nonprofit sector, risk rarely arises from a lack of data or effort. The absence of sustained senior counsel is often where governance risk quietly accumulates. Nonprofit leaders are increasingly asked to make consequential financial decisions, often under conditions of uncertainty, stakeholder scrutiny, and constrained resources. Many organizations navigate these moments without access to the appropriate expertise.
CPA, CMA, CGMA, ACMA (UK)
BA (Hons) Law and Accounting (UK)
FXO is led by Carleen Dehaney, an award winning, senior finance advisor with more than 20 years of experience supporting organizations through complex funding and governance environments.
She has held nonprofit executive and board-facing roles, working directly with executive teams, boards and funders to strengthen funding governance through increased oversight, risk management, and financial accountability.
If your organization is navigating funding risk, governance exposure, or consequential financial decisions, a confidential conversation can clarify the appropriate next step.
This 30-minute discussion is discreet, without obligation, and requires no preparation.