Annual Report of 2017

Talk Radio for Catholic Life

COAST to COAST • 130 STATIONS • 140 MILLION SOULS

ANNUAL REPORT 2017

Prayer Line: 888-577-5443 Donor/Listener Line: 877-291-0123 www.relevantradio.com FREE MOBILE APP!

Relevant

C OA S T T RELEVANT RADIO 2017 ®

HIGHLIGHT REEL Elevate Phoenix On April 22, over 650 people joined Immaculate Heart Radio at the Elevate Conference in Phoenix, AZ.

SEEK 2017 Relevant Radio® joined nearly 13,000 people in attending SEEK 2017, a national conference by FOCUS for Catholic college students. Over 4,000 confessions were heard!

LA Archbishop joins Relevant Radio Board of Directors The Most Rev. José H. Gomez, Archbishop of Los Angeles, became a member of the Relevant Radio Board of Directors.

JANUARY

FEBRUARY

March For Life During this month of prayer for the most vulnerable members of society, Relevant Radio and Immaculate Heart Radio attended and aired special broadcasts from pro-life marches across the country!

MARCH

Austin Christ Brings Hope We were delighted to honor the John Paul II Life Center and their founders Tim and Pat Von Dohlen and Chris and Sheri Danze at the Christ Brings Hope Award Dinner on March 28!

Special Broadcast

History was made on July 3rd. In addition to updating our logo, the merger between Relevant Radio and Immaculate Heart Radio became official.

Thank you for all your prayers and support!

On this day, Relevant Radio held a special broadcast of Pope Francis’ Mass in Fatima and the canonization of Saints Francisco and Jacinta.

APRIL

MAY

JUNE

In Conversation with God On June 5, we debuted our new exclusive daily podcast on the Relevant Radio App, In Conversation with God.

JULY

AUGUST

Family Vacation Photo Contest This summer, Morning Air® held their Family Vacation Photo Contest.

Congratulations to the lucky winner!

Walk to Mary

Relevant Radio took part in the 21-mile walking pilgrimage to the National Shrine of Our Lady of Good Help in Champion, WI.

Relevant Radio adds 97.3 FM Immaculate Heart Radio attends the LA Religious Education Congress Immaculate Heart Radio joined many exhibitors at the nation’s largest annual gathering of Roman Catholics, the Religious Education Congress. This conference brought together nearly 40,000 attendees for a four-day event.

Merger is official!

This month we added 97.3 FM in Madison, WI. This translator will boost signal strength and reach more souls.

Father Rocky celebrates 25 years as a priest On June 14, we gathered to celebrate Father Rocky’s 25th Anniversary of Ordination. It was an evening full of memories and joy.

Founder of Immaculate Heart Radio retires Doug Sherman, Founder of Immaculate Heart Radio, announced his retirement after 20 years of service.

Mission Statement: Relevant Radio® assists the Church in the New Evangelization by providing relevan

Radio is ®

O CO AST Merging Databases The IT and Accounting Departments were successful in implementing new phone, database, and computer systems.

Fr. Gnana Dhas Relevant Radio welcomed Fr. Gnana Dhas as our priest intern in September. A priest from India, Fr. Dhas studies Communications in Rome, Italy.

SEPTEMBER

Milwaukee Christ Brings Hope

We were pleased to honor The Men of Christ and Women of Christ Organizations at the 25th Christ Brings Hope Award Dinner in Milwaukee, WI!

OCTOBER

Chicago Christ Brings Hope Relevant Radio honored the Most Rev. R. Daniel Conlon with the Christ Brings Hope Award on September 27. We also presented the Caritas Dei Award to the Very Rev. William De Salvo.

Historic Pledge Drive This month, we held our first combined pledge drive, bringing in 9,600 donations totaling over $2.3 Million.

Thank you for helping us reach this historical milestone!

Revenue

Contributions On Air Advertising & Miscellaneous Total Operating Revenue

$15,368 $2,201 $17,569

2017 Capital Campaign Non-Cash Gain Total Revenue

$8,684 $18,008 $44,261

Expenses

Programming Management & General Fundraising Total Expenses

$12,041 $986 $1,337 $14,364

2017 Financial Highlights

NOVEMBER DECEMBER

Immaculate Conception Novena Leading up to December 8, the Feast of the Immaculate Conception, many joined Father Rocky in praying a special Novena to the Blessed Mother to pray for families.

2017 FINANCIAL REPORT ($000)

• • •

Increased net assets by $18 Million through the merger Addition of 40 owned and operated stations and translators 97% fulfillment rate on pledges in 2017

Balance Sheet Assets Liabilities Net Assets

Christmas Family Rosary Novena Relevant Radio broadcast the 3rd Annual Christmas Family Rosary Novena LIVE from our Chicago studios in the nine days leading up to Christmas.

$85,265 $22,127 $63,138

Relevant Radio by the Numbers

94% of listeners are more spiritually engaged 440,000 app downloads in 192 countries 108 Million hours of listening 130 AM/FM stations in 39 states 2.4 Million monthly views on Facebook LIVE

2017 STEWARDSHIP BREAKDOWN

For every $1 Relevant Radio receives:

5 cents is spent on Fundraising

Brand New Program Schedule!

The brand new line-up of shows airing on Relevant Radio began on October 16. This day also marks the launch of the brand new website and app; a historic day for us!

nt programming through media platforms to help people bridge the gap between faith and everyday life.

A MESSAGE FROM FATHER ROCKY

The primary purpose of the merger has been achieved: long-term financial sustainability.

Together we set out to raise $30 million in order to reduce long-term debt by 75%. Our supporters enthusiastically supported our dream of creating a national Catholic radio network and allowed us to raise the funds in seven months. Already Relevant Radio is in position to reinvest resources in the critical areas of programming, marketing, digital and social media, and station acquisition.

But our greatest joy at Relevant Radio is the knowledge that our programs sparked hope in millions of listeners reaching close to one million individual prayer requests, and countless heartfelt testimonials of lives changed for the better. The response to the Divine Mercy Chaplet is truly encouraging, and the tens of millions of views of our posts on social media and digital platforms, as well

as the millions of sessions of live and podcast listening to our shows is remarkable.

I wanted to share all of this information with you and also take this opportunity to remind you that this work goes forward based on prayer, sacrifice, and frequenting the sacraments; the same way the first Christians responded to Our Lord’s call to evangelize.

Since the merger, we have continued to grow in many ways and we have goals to reach ever more souls, always with the hope that our programs will help the faithful to be much more active in their faith, so they can live it, love it, and never leave it. Thanks be to God for your generous support!

With prayers and best wishes,

Rev. Francis J. Hoffman “Fr. Rocky” Executive Director/CEO

PO Box 10707 Green Bay, WI 54307-0707

On May 24, 2017, the Federal Communications Commission in Washington DC approved the merger of Relevant Radio and Immaculate Heart Radio.

Five weeks later, on July 3, the legal part was completed and the sensitive work of brand and program integration began. Starboard Media Foundation, Inc., a Wisconsin not for profit, changed its name to Immaculate Heart Media, Inc., broadcasting as Relevant Radio.

Thanks to the extraordinary cooperation and ingenuity of our associates across the country,

on October 16, the one year anniversary of our announcement of the merger, Relevant Radio achieved national brand and program integration and launched a brand new app and website.

www.relevantradio.com

2017 was an extraordinary year in the brief but promising history of Catholic radio in the United States of America. After many years of discussion, Relevant Radio® and Immaculate Heart Radio successfully completed the merger of the two largest owned and operated Catholic radio networks in America, thereby assisting the Church in the New Evangelization by broadcasting to 140 million souls across 39 states on over 130 AM/FM stations. Certainly Our Lady, St. Joseph, and the Guardian Angels can be credited with an ‘assist’ on the play.