Blog
Fiscal Sponsorships
Have you been denied a grant because you don’t have the proper 501(c)(3) status and were recommended to have a fiscal sponsor? Are you a nonprofit that would like to partner on a grant with an organization that doesn’t have a 501(c)(3) status? If either of those...
501(c). . . 1, 2, 3!
In the United States, nonprofit organizations can fall into over 25 different categories according to the Internal Revenue Service (IRS), with three of the most common being 501(c)(3), 501(c)(4), and 501(c)(6). While these categories may sound the same, they each have...
Distinction Between Public Charities and Private Foundations: Why It Matters for Nonprofits
Nonprofit organizations play a crucial role in addressing societal needs and promoting positive change. However, within the nonprofit sector, there are distinct classifications that often lead to confusion - public charities and private foundations. Understanding the...
Ethical Best Practices for Nonprofits: Building Trust and Impact
Ethics and integrity lie at the heart of nonprofit organizations. As institutions dedicated to serving the public good, nonprofits must adhere to ethical principles to build trust, maintain credibility, and maximize their impact. In this blog post, we will explore...
Arula in the Wild: Trout Tank Volunteer Match-a-Thon
On April 24th, The Lyric Cinema hosted Trout Tank: a Volunteer Match-a-Thon, an Arula sponsored event, that focused on bringing local nonprofits and community members together. The focus of the event was to spotlight nonprofits and social impact groups from around the...
Importance of Statement of Functional Expenses
Introduction For nonprofit organizations, functional expenses refer to the various types of expenses that are associated with fulfilling the organization's mission. These expenses are typically categorized into three main categories: program expenses, management /...
Arula in the Wild: Founded in FoCo’s Nonprofit Track
“Formerly known as Fort Collins Startup Week, the event became self-branded in 2022 as Founded in FoCo to celebrate the diverse entrepreneurial spirit of our community. Led by a diverse group of local entrepreneurs and experts representing our community’s best and...
Grant Proposals: Must-Have Attachments & Docs Explained
Introduction All right, so you've done research on the grant funders you'd like to target and found one you'd like to apply for. Now comes the real work: actually writing the proposal and gathering any necessary attachments or additional documentation. You may already...
Exploring Different Types of Revenue Sources for Nonprofits
Introduction Are you a nonprofit looking for ways to increase your revenue? Do you feel like you’ve tapped into all the traditional sources but still aren’t satisfied with your bottom line? It might be time to explore some new revenue sources. Nonprofits—especially...