Nancy E. Kelly, CPA, MST, CFE, RN

Nancy KellyNancy E. Kelly, CPA, MST, CFE, RN

Co-Managing Partner

Nancy E. Kelly is the Founder and Co-Managing Partner of DavisKelly.

Nancy Kelly has over 20 years of experience providing assurance, tax,and consulting services exclusively for the not-for-profit industry. She started her accounting career at the Operational Services Division (formerly the Commonwealth of Massachusetts, Division of Purchases Services) resolving reporting and compliance issues with providers who were recipients of state funding. She then moved to BDO Seidman where she specialized and built her reputation in working with the not-for-profit community.

In 1990, Ms. Kelly founded NE Kelly & Associates, LLC, in Boston and in 2001, she supplemented her practice with a New York office. She was one of the original co-authors of the Uniform Financial Report (“UFR”), a tool used as a condition of receiving Governmental funding and in documenting contract compliance with laws and regulations. NE Kelly & Associates, LLC joined forces with Randall S. Davis LLP in 2016 to become the firm DavisKelly.

As a CPA in New York and Massachusetts, she has served on several Boards of Directors of not-for-profit organizations and has held President and Treasurer positions. Ms. Kelly is a frequent expert speaker on topics such as the new Federal Compliance with Governmental Regulations and Fraud in not-for-profits. She teaches compliance programs for the U.S. Department of Housing and Urban Development on a national level. Currently, she lectures as an Adjunct Professor at New York University teaching Not-For-Profit Financial Management. Ms. Kelly also holds the designation of Certified Fraud Examiner and has performed many forensic investigations for not-for-profits. Prior to starting her own firm she was the Director of the Not-for-Profit Niche Services at CBiz, formerly Tofias, in Boston. Nancy is also a graduate of the FASTRAC Program of New York City, sponsored by the Kaufman Foundation.

Nancy Kelly is a Certified Public Accountant in New York, Connecticut, and Massachusetts. Prior to her accounting career, she worked for seven years as a registered nurse in the operating room of a major metropolitan hospital in Boston.


Bentley College, Masters in Taxation
Boston College, B.A. in Accounting
Laboure Jr. College, R.N. Degree in Nursing


New York and Massachusetts Societies of Certified Public Accountants
Association of Fraud Examiners
American Institute of Certified Public Accountants



Our Service Promise: No Surprises!

Audits don't have to be painful! We work with you every step of the way and answer your questions, all without tacking on hidden fees for our services.

We Speak Your Language

To be fluent in a language, it's best to live in a country that speaks it every day. We are are permanent residents in the Not-for-Profit world-- not tourists! Serving not-for-profit organizations is about 95% of the work that we do. Our team of professionals have a combined total of over 50 years of experience!

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1345 Avenue of the Americas, 33rd Floor
New York, NY 10105


4238 Washington Street, Suite 307
Boston, MA 02131

Phone: 617-390-5734

Our Firm Difference:

DavisKelly is a full-service Certified Public Accounting and business consulting firm that provides accounting, tax, and consulting services. We help dynamic companies and not-for-profit organizations achieve their missions as well as their financial goals.
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