NABJ takes action on money problems. (In-Brief).(National Association of Black Journalists )(Brief Article)(Statistical Data Included)

In late August, the National Association of Black Journalists agreed to establish an advisory panel that will help monitor the group's troubled financial outlook. Because of a $500,000 budgetary shortfall caused by Wall Street declines and less-than-expected revenue from its annual conventions in 1999 and 2000, the group has had to cut back on projects designed to increase racial diversity in newsrooms.

Leaders of the 26-year-old organization, the largest group of minority journalists, said they hope the panel's creation is the first step toward mending a rift among their members.

"The goal here for all parties was to ... ensure the health of our organization …