At Son of a Saint, transforming the lives of young men through mentorship and guidance is at the heart of everything they do. The nonprofit provides structure, opportunities, and resources to fatherless boys in New Orleans, helping them grow into responsible, successful men. A significant part of that success is due to the leadership of Ola Adegboye, MBA, Chief Operating Financial Officer—a visionary committed to financial excellence and nonprofit growth.
Meet Ola Adegboye: Leading Financial Strategy for Nonprofit Growth
A proud graduate of the University of New Orleans, Ola earned his Master’s in Business Administration with a minor in Information Systems in 2002. When he’s not leading financial strategy at Son of a Saint, he enjoys spending time with his wife, Dinah, and their two daughters, Joelle and Jasmine. He’s also an avid chess player, fitness enthusiast, and ping pong competitor.
A Milestone Achievement: The New Son of a Saint Headquarters
One of Ola’s most rewarding accomplishments has been the purchase and renovation of the Son of a Saint headquarters—a bold investment that defied skepticism at the height of the COVID-19 pandemic. The building was acquired in March 2020, underwent a year-long renovation starting in June 2021, and was completed in July 2022.
More than just an office, the new space serves as a safe haven and mentorship hub for young men in the program. Key features include:
- State-of-the-art kitchen for shared meal prep with mentors.
- Study rooms for academic and personal development.
- A tech hub to bridge digital gaps.
- A fitness center for wellness activities like yoga and structured workouts.
Instead of moving between various locations, the headquarters now offers a centralized space for mentorship, education, and personal growth—a game-changer for the nonprofit’s mission.
How Son of a Saint is Transforming Young Lives
Son of a Saint takes a holistic approach to mentorship, providing:
- Recreational Activities to keep mentees engaged and physically active.
- Case Managers, Mental Health Specialists, and Success Coaches for emotional and personal development.
- Career Exploration & Tuition Support to help mentees prepare for their futures.
- Travel Opportunities to broaden mentees’ perspectives through cultural experiences.
This well-rounded support system is key to shaping these young men into productive, well-rounded individuals prepared for success.
Partnering with PRIME Business Advisory Solutions
As CFO, Ola recognized the need for expert financial strategy and scalable processes, leading him to PRIME Business Advisory Solutions. Having known PRIME CEO, Natalie Barranco, for over a decade, he was confident in PRIME’s ability to strengthen Son of a Saint’s financial infrastructure.
How PRIME Strengthened Son of a Saint’s Financial Foundation
With PRIME’s expertise, Son of a Saint achieved:
Improved Accounting Processes – Transitioning from a part-time accountant to a structured, scalable financial system.
Enhanced Internal Controls – Strengthening policies and reinforcing best practices for financial security.
Strategic Consultation – Offering expert guidance on grant acquisition, financial initiatives, and operational efficiencies.
By refining financial processes, PRIME helped Son of a Saint become better positioned for federal and state grants, ensuring long-term financial sustainability.
Exponential Nonprofit Growth & The Future of Son of a Saint
Over the past three years, Son of a Saint has seen remarkable growth:
- Tripled the number of mentees in the program.
- Quadrupled its staff to meet rising demand.
- Nearly tripled its budget, requiring more sophisticated financial systems.
To sustain this rapid expansion, Son of a Saint has focused on internal system improvements, including:
- Developing a scalable accounting process.
- Hiring an HR professional to manage an expanding team.
- Implementing Salesforce for data collection and program evaluation.
With these strategies in place, the organization is well-positioned to expand its reach and impact even more young men in New Orleans.
Why Businesses Should Partner with PRIME Business Advisory Solutions
Ola’s advice to other organizations considering PRIME:
“Don’t wait. Their expertise in business strategy, financial management, and operational efficiencies provides invaluable insights. Whether it’s helping a nonprofit scale effectively or guiding a business through financial complexities, PRIME’s team is dedicated to fostering growth.”
For Son of a Saint, PRIME has been a game-changer—strengthening the financial foundation for a brighter future. As the nonprofit continues to expand, its partnership with PRIME ensures that it remains financially sound, scalable, and prepared for long-term success.
Get Involved
To learn more about Son of a Saint and their transformative work, visit sonofasaint.org.
To explore how PRIME Business Advisory Solutions can help your organization optimize financial strategy and scale effectively, contact us today for a free consultation.
