Team USA advanced out of the Group of Death to the round of 16 in the World Cup! Have a listen to K’naan‘s Wavin’ Flag while perusing this week’s tweets on nonprofits, philanthropy, governance and social enterprises:

• Moss Adams: The #IRS has plans for #tax-exempt organizations. We provide a brief update: http://ow.ly/ytRLh
• New York Times: Testy Exchange Erupts as I.R.S. Chief Is Questioned on Messages http://nyti.ms/1sAE7In
• Law For Change: NY Nonprofit Revitalization Act’s Effect on CPAs, Boards, and #Nonprofit Management http://law4ch.org/1lSNJL1 [Ed. The effective date for most of the Act’s provisions is July 1, 2014.]
• Center for Nonprofit Management: Did you miss the #501conference? Now is your chance to hear and see what you missed! http://cnmsocal.org/501conference/
• Nonprofit Quarterly: How should nonprofits use loans wisely? And when should you borrow? A 101 guide to borrowing: http://ow.ly/yottj
• Philanthropy Northwest: Freedom Funders: Philanthropy and the Civil Rights Movement + lessons for today’s social justice funders via @ncrp http://j.mp/Tjaz1o
• Philantopic: Reading: “What We’ve Learned About Program-Related Investments” http://owl.li/yg7KT @Rockefeller Fdn #PRIs
• BDO Nonprofit: We just released the Summer 2014 Nonprofit Standard Newsletter! For updates – http://bit.ly/1nDqEZj
• Social Enterprise Alliance: Start-up success: six lessons for aspiring social entrepreneurs http://gu.com/p/3q3eg/tw
• Global Impact Investing Network: After great collaborative efforts, the #USImpInvReport is done & ready for policymakers. More info: http://NABImpactInvesting.org #impinv