The NABJ is about to wrap up a very bad year financially.

The organization says that 2015 deficit will be higher than the previous board reported at the 2015 convention. The projected deficit is likely going to be nearly $380,000.

On Friday night, a notice on the NABJ website announced that the association was eliminating three positions, including that of Darryl R. Mathews Sr., its executive director of less than two years.

In a president's message, Sarah J. Glover wrote, "At the 2015 NABJ Convention in Minneapolis, the previous NABJ Board of Directors informed the membership that NABJ was tracking to end the year with a nearly $250,000 deficit.

"This comes on the heels of a $227,000 deficit in 2014, a $612,000 deficit in 2009 and a $60,000 deficit in 2012.

"After an exhaustive review of NABJ's financial position and a final accounting of all financial obligations from the 2015 convention, NABJ's projected 2015 deficit will be higher than the previous board reported at the 2015 convention. The projected deficit is likely going to be nearly $380,000.

The NABJ says they cannot have another deficit year in 2016 and have taken steps to make sure that doesn't happen.

They say they are going to, "Limit spending to only necessary operational expenses" and "Prepare the 2016 budget with reduced projected expenses."

Sounds like that is something they should have been doing all a long.

H/T Journal-isms