Safeguarding Nonprofits: How Kabirat Olamide Mayegun Is Shaping Financial Integrity Across the Public Sector

By Tosin Clegg

In an era marked by economic uncertainty, increasing demand for transparency, and growing concern over misused public funds, professionals like Kabirat Olamide Mayegun are redefining the role of the modern auditor.
A seasoned accounting professional working closely with nonprofit organizations, Mayegun plays a critical role in ensuring financial procedures are followed, regulatory requirements are met, and public or donor-backed grants are used effectively and ethically.

Through her work, she oversees the proper handling of funds related to grants, pensions, and employee benefit plans such as 401(k)s, helping institutions operate within strict compliance frameworks while maintaining accountability to their stakeholders. Her audits often highlight weaknesses in internal controls or lapses in grant management — risks that, if unchecked, could lead to reputational damage, financial penalties, or the collapse of essential community services.
“Every audit is more than a checklist,” Kabirat says. “It’s a safeguard — to make sure that public resources reach the people and causes they were meant to serve.”

From community development organizations to educational and healthcare foundations, Mayegun ensures financial systems are not only legally compliant but also structured to support long-term sustainability. Her reviews extend deep into the operational core of these institutions, ensuring that procedures reflect both best practices and the ethical stewardship expected of entities handling public or donor funds.
She routinely identifies and addresses discrepancies in reporting, improper allocations, and weak documentation — all of which could compromise the mission of the organization and the trust of the communities they serve.
“When people think of financial mismanagement, they often imagine corporations,” she explains. “But the damage caused by weak oversight in nonprofit sectors can be just as devastating — especially for the vulnerable populations that rely on them.”

Kabirat’s work contributes to a broader movement toward transparency, efficient governance, and responsible resource allocation. She ensures that the organizations she audits not only remain compliant with labor and grant conditions, but also build operational habits that reflect fiscal discipline and ethical responsibility.

In particular, her experience working with pension and retirement plans adds a critical layer of protection for nonprofit employees — many of whom have committed their careers to serving others. By verifying that plan sponsors and administrators adhere to required procedures, she helps preserve retirement security for hundreds of individuals.
“We can’t build trust in public institutions if their financial foundations are shaky,” Kabirat says. “My work helps ensure that the systems we depend on are not just legal, but fair, consistent, and sustainable.”

Where others may see numbers, Mayegun sees systems — and behind those systems, people. A grant expense with no documentation could mean a missed opportunity for a low-income community. A delay in reconciling retirement contributions could affect the livelihood of nonprofit workers.
Her work doesn’t end with identifying problems; she actively collaborates with teams to strengthen internal processes, educate staff on financial responsibilities, and implement controls that prevent future issues. By doing so, she builds capacity within organizations to manage their finances with clarity and confidence.
Kabirat Olamide Mayegun’s journey reflects what it means to use accounting not only as a technical discipline but as a tool for protection, empowerment, and impact. In a world where funding must be used wisely and institutions must remain accountable, her work provides the assurance and insight that public-serving organizations need to thrive.