Areas of Expertise
  • Assessing & Streamlining Finance Operations
  • Business Modeling, Structure and Pricing
  • Mergers & Acquisitions
  • Coaching
Contact Frank Tsai
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Recent Blog Posts
What To Look For In A Nonprofit CFO
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Nonprofits Preparing for Acquisitions: Don’t Fall into These Traps
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Frank Tsai

Frank Tsai has been a partner since 2006. He has more than 30 years of senior financial and operational management for public, private companies and non-profit organizations ranging from start-ups to $500+ million in revenue.  His focus has been in financial services, software, health care services companies and non-profit organizations. He is experienced with merger and acquisitions including leading the due diligence and post-close integration of 15+ acquisitions.

Frank led the re-financing of more than $107 million in taxable and nontaxable bonds. He was CEO/CFO of a 40’ Act mutual fund and registered investment adviser that was acquired by an investor group. He also was chief financial officer for a private equity backed senior living company that was acquired by a NYSE company.

Frank holds a Master’s in Public Health from the University of Minnesota, and an MBA from the Kellogg School of Management at Northwestern University. He’s a member of the Audit Committee of the Oakland Unified School District. He is a founder, a director and the audit chair of Community Bank of the Bay, a $600+ million community bank with branches in Oakland, San Mateo and Danville.

“I was so pleased to work with FLG Partners at Institute for the Future. Frank Tsai, the partner we used from FLG, is the best nonprofit finance executive and advisor that I have come across in my 20 years in the NFP world. Frank is strategic, fast (had a rapid understanding of our business) and organized (think high value). He can quickly access what is important and what’s not. Finally, Frank brings years of experience to the table from working with a variety of nonprofits of different scales and configurations. He understands everything from strategy and modeling down to the detailed work of NFP accounting, compliance, taxes, audits, legal, and NFP protocols and standards. I wouldn’t hesitate to work with Frank (and FLG) again.”


“We brought on FLG Partners to assess our accounting and finance infrastructure, processes and team. Frank Tsai has a great deal of non-profit experience and quickly provided us with a series of areas to focus on to reduce cost and improve process. He identified ways to increase internal controls and reduce redundancies. He prioritized the financial leadership skills we needed in our financial team to upgrade our accounting and financial systems. Implementing Frank’s recommendations had a major impact on our organization and ultimately led to a complete restructuring of our finance department. Frank’s assessment work would help any organization seeking to optimize systems, increase effectiveness and scale infrastructure.”



Frank's Perspective on FLG

I value the diversity of perspectives that are tremendous learning opportunities that are only available in a shared environment like FLG. It dramatically increases the value and resources I provide to my clients.

- Frank Tsai

Sector Experience
  • Consumer
  • Non-Profits
  • Leisure
  • Financial Services
Selected Engagements
Great Minds Education Non-Profit
Golden Gate National Parks Conservancy Non-Profit Interim CFO Non-Profit
Oakland Public Educational Fund Non-Profit Interim CFO Non-Profit
Kaleido Health Solutions Non-Profits Financial Advisory Non-Profit
Lightning Bolt Solutions Healthcare IT Interim CFO Private
Spanish Speaking Unity Council of Alameda County, Inc. Community Foundation Financial Advisory Non-Profit
Sundance Institute Non-Profit Interim CFO Non-Profit
Institute for the Future Education Interim CFO Non-Profit
United Way Silicon Valley Community Foundation Permanent CFO Non-Profit
Fair Trade USA Association Interim CFO Non-Profit
Cantaloupe Systems SaaS - Technology Permanent CFO Private
RSF Social Finance Finance Permanent CFO Non-Profit
Potrero Media Corp. Internet Interim CFO Private
Planned Parenthood Golden Gate Community Foundation Accounting Advisory Non-Profit
Pacific School of Religion Education Interim CFO Non-Profit
New Teacher Center Edtech Interim CFO Non-Profit
Grand Lodge of Freemasons Association Permanent CFO Non-Profit
EcoLogic Brands, Inc. Consumer Products Permanent CFO Private
Current Directorships
Community Bank of the Bay
Videos Featuring Frank Tsai
Nonprofit vs For-Profit CFOs: Similarities and Nuances – Critical Skillsets
Nonprofits: When To Hire a VP vs a Director of Finance

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