Fractional controller services for nonprofits
Truvio provides fractional controller services to nonprofits: monthly close, fund and grant accounting, board reporting, audit preparation, internal controls, budgeting, and the systems underneath all of it. Led by a CPA, delivered remotely, and accountable for financials your leadership can actually run on.
CPA-led · Nonprofit focused · QuickBooks and fund accounting
Sound familiar?
Most of the problems we see don't show up as errors. They show up the moment someone needs to rely on the numbers.
March financials arrive in June. Decisions get made on stale numbers, or on someone’s best guess.
The packet changes between distribution and the meeting. The fundraising report and the financial statements don’t agree. After a few cycles, the board stops trusting the reports, even when they’re right.
Nobody can say quickly what’s been spent against which grant, what’s left, and what’s owed back. Reimbursement requests lag. Funder reports get assembled under deadline pressure.
One employee knows how the allocations work, which accounts get reconciled, and where the grant files are. If they leave, that knowledge leaves with them.
Schedules get built from scratch. Auditor questions land on the Executive Director. The management letter keeps mentioning the same things.
How much unrestricted cash do we actually have? Can we afford this hire? Are we on budget? The reports exist. The confidence doesn’t.
If two or three of these sound familiar, the problem usually isn't your bookkeeper. It's that nobody is accountable for the finance function as a whole.
What Truvio actually does
Truvio works as your nonprofit's Controller on a fractional basis. That means taking responsibility for the finance function, not just delivering a set of reports.
A close that happens on schedule, with reconciled accounts and financial statements you don’t have to second-guess.
Reports built for the people who have to make decisions with them.
The schedules and documentation exist before anyone asks for them.
Processes that are written down, controls that actually function, and systems that work without heroics.
Finance leadership transitions
When a Controller, Finance Manager, or Finance Director gives notice, the deadlines don't pause. Payroll still runs. The board still meets. Grant reports are still due. And most organizations discover that a lot of what that person did was never written down.
Truvio steps in during these transitions to keep the finance function running, and to make sure the organization is in better shape when the next person arrives, not worse.
How that usually works
Before they leave if possible, after if necessary. Allocations, recurring entries, funder requirements, where things live.
Close, reconciliations, payroll coordination, AP, grant billing, and reporting keep moving on schedule.
So the finance function exists on paper, not just in someone’s memory.
Board packets, grant reports, reimbursement requests, audit fieldwork, year-end work with your CPA.
Not a rebuild. Just the things it would be irresponsible to hand to the next person as-is.
When you hire, your new Finance Director inherits a documented, current, functioning finance department. Or, if the fractional model turns out to fit, Truvio continues as your Controller.
This is not a substitute for hiring the right person. It's what lets you take the time to hire the right person, instead of rushing because the accounting can't wait.
Why fractional
Most nonprofits need controller-level judgment: someone who understands fund accounting, knows what the auditors will ask, and can tell the Executive Director what the numbers actually mean. Fewer of them need 40 hours a week of that.
A well-designed finance function separates the work by what it requires. Transaction processing can be handled by a bookkeeper or a capable staff member, supported by good systems and clear procedures. Controller-level review, reporting, and judgment sit on top.
Truvio provides that top layer. You get senior financial oversight without building the whole finance department around one full-time salary, and without hoping a bookkeeper grows into a Controller on their own.
A fractional controller tends to fit when
It fits less well when an organization mainly needs transaction processing, or is large enough that the role is clearly full-time. If that's the case, you'll hear it in the first conversation.
About Jeremy
Founder, Truvio Financial
Jeremy leads every Truvio engagement and stays directly involved in the controller-level work, reporting, and financial decisions that matter.
He started Truvio after years inside nonprofit finance departments, where the same gap kept showing up. Organizations had bookkeeping covered, but nobody with controller-level experience actually owned the close, the reporting, the grant accounting, the controls, or the numbers leadership was using to make decisions. Most didn't need another full-time finance executive. They needed that ownership in a more flexible form.
Most recently, Jeremy served as Controller of Meridian Behavioral Healthcare, a $65 million nonprofit healthcare organization with roughly 40 programs and multiple federal and grant-funded revenue streams. He led accounting operations, monthly close, consolidated reporting, cash management, audit and Uniform Guidance single audit support, and the migration from MIP Abila Desktop to MIP Cloud. He redesigned the close process and brought the monthly close down to 10 business days.
He also serves as Comptroller for Southern Legal Counsel, a nonprofit legal advocacy organization, where he oversees the accounting function, grant reporting, monthly close, internal controls, audit preparation, board reporting, and financial systems. He led its move from QuickBooks Desktop to QuickBooks Online and rebuilt the grant reporting and close processes, cutting the close from about three weeks to one.
Before focusing on nonprofits, Jeremy founded and ran a multi-entity operating business for nearly 15 years as President and Controller, growing it to roughly $3 million in annual revenue before exiting in 2024. He has also worked in acquisition advisory and financial due diligence, and began his career in public accounting. He is a Florida-licensed CPA with a Master of Accounting and a Bachelor of Accounting from the University of Florida.
Truvio works alongside whoever already handles part of your finance function: an in-house bookkeeper or accounting staff, an outside CPA firm, your auditors, or a payroll provider. The goal is not to replace a finance team that's working. It's to make sure someone with controller-level experience is accountable for how the pieces fit together.
Truvio is based in Gainesville, Florida, and works with nonprofits nationwide, remotely and onsite when it helps.
How an engagement starts
Every engagement starts with a look at your current setup: the accounting system, the close process, the reports leadership receives, who does what, your grants and funding structure, upcoming deadlines, and anything that feels like an immediate risk.
From there, it's usually clear whether you need:
Sometimes the answer is that what you have is mostly fine and needs one or two specific fixes. You'll hear that too.
Let's talk
Tell us what's going on. A late close, an audit coming up, a finance person leaving, reports the board doesn't trust. You'll speak directly with Jeremy Hood, CPA, about what's happening in your finance function, whether Truvio is the right fit, and what he would do first.
Or email directly
jeremy@truviofinancial.comThanks. Jeremy will be in touch shortly.
If it's time-sensitive, email him directly at jeremy@truviofinancial.com.