2013-06-04T15:57:57-05:00 2012-12-31 390758449 WIPFLI LLP 10000 INNOVATION DRIVE SUITE 250 MILWAUKEE WI 532264837 990 2012-01-01 392003067 STARBOARD MEDIA FOUNDATION INC STAR 9208841460 1496 BELLEVUE STREET NO 202 GREEN BAY WI 54311 AMY VANDENLANGENBERG 9208841460 2013-06-04 1 DAVE GLOBIG P01356041 4144319300 2013-06-03 2012 2016-02-25 16:41:14Z RELEVANT RADIO AMY VANDENLANGENBERG 1496 BELLEVUE STREET NO 202 GREEN BAY WI 54311 12317234 0 X WWW.RELEVANTRADIO.COM X 2000 WI STARBOARD MEDIA FOUNDATION, INC. SERVES THE CATHOLIC CHURCH BY PROVIDING RELEVANT RADIO PROGRAMMING THAT INTEGRATES THE FAITH, EDUCATION AND MISSION OF THE CATHOLIC CHURCH TO HELP PEOPLE BRIDGE THE GAP BETWEEN FAITH AND EVERYDAY LIFE. 11 9 59 91 837901 -40571 11177906 10603689 1392434 1365747 -445360 544 -857 26516 12124123 11996496 0 100000 0 0 2974945 3138115 0 0 915357 6100566 4912230 9075511 8150345 3048612 3846151 38773058 39082451 32728467 29191709 6044591 9890742 STARBOARD MEDIA FOUNDATION, INC. (D/B/A RELEVANT RADIO) EXISTS TO ASSIST THE CHURCH IN THE NEW EVANGELIZATION BY PROVIDING RELEVANT PROGRAMMING THROUGH A MEDIA PLATFORM TO HELP PEOPLE BRIDGE THE GAP BETWEEN FAITH AND EVERYDAY LIFE. 0 0 6426205 100000 537318 RELEVANT RADIO OWNS 13 RADIO STATIONS AND HAS 21 AFFILIATE STATIONS ACROSS 13 STATES IN THE CONTINENTAL UNITED STATES, SERVING THE CATHOLIC POPULATION IN 11 DIOCESES. CURRENTLY, THE RELEVANT RADIO NETWORK HAS THE ABILITY TO REACH OVER 22 MILLION PEOPLE IN THESE DIOCESES. IN ADDITION, RELEVANT RADIO HAS A STRONG INTERNET PRESENCE AND ONLINE STREAMING AUDIENCE, AS WELL AS A MOBILE APPLICATION MAKING IT POSSIBLE TO REACH LISTENERS ON THEIR MOBILE DEVICES. OUR TALK RADIO FORMAT INCLUDES 24 HOUR PROGRAMMING TO HELP LISTENERS STAY SPIRITUALLY CONNECTED ALL DAY LONG. OUR PROGRAMMING GRID CURRENTLY INCLUDES DAYBREAK, MORNING AIR, THE INNER LIFE, GO ASK YOUR FATHER, THE DREW MARIANI SHOW, A CLOSER LOOK AND SPIRIT AND LIFE AS WELL AS THE DAILY AND SUNDAY PRAYERS AND MASS. 6426205 1 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 1 36 0 1 59 1 1 1 0 0 0 0 1 1 1 0 0 0 X 11 9 0 0 1 0 0 0 0 1 1 0 1 1 1 1 1 1 1 1 1 1 0 AL AK AZ AR CA CO CT DE DC FL GA HI ID IL IN IA KS KY MA MD ME LA MT MO MS MN MI VT UT TX TN SD SC RI PA OR OK OH ND NC NY NM NJ NH NV NE WY WI WV WA VA X AMY VANDENLANGENBERG 9208841460 1469 BELLEVUE STREET STE 202 GREEN BAY WI 54311 BALASA MARK 10.00 X 0 0 0 RUF LINDA 10.00 X 0 0 0 WIGGINS TIMOTHY 10.00 X 0 0 0 RICKEN MOST REV DAVID 10.00 X 0 0 0 ARIENS MICHAEL S 10.00 X 0 0 0 BURKE STEVEN 10.00 X 0 0 0 FELTL JOHN 10.00 X 0 0 0 RAATHS WILLIAM 10.00 X 0 0 0 VORPAHL THOMAS 40.00 X X 18477 0 17463 CAVIL JOHN 10.00 X X 0 0 0 HOFFMAN REV FRANCIS 40.00 X X 0 0 0 VANDENLANGENBERG AMY 40.00 X 95257 0 630 HERRIOT SEAN 40.00 X 115709 0 17640 MARIANI DREW 40.00 X 156279 0 18022 ACKER BRIAN 40.00 X 113606 0 656 499328 0 54411 3 0 1 0 0 47850 10555839 1438236 10603689 COMMERCIAL ADVERTISING 515100 832542 832542 SPONSORSHIP 515100 533205 533205 1365747 10853 10853 5136 12354 -7218 -7218 -7218 168227 178536 -10309 -10309 -10309 153201 47850 128939 24262 24262 6268 909 5359 5359 MISCELLANEOUS INCOME 900099 4113 4113 4113 11996496 537318 837901 17588 X 100000 100000 127965 127965 2591218 1705309 345099 540810 184661 121528 24593 38540 234271 154177 31200 48894 89242 82060 7182 26100 26100 224817 183120 3130 38567 324075 314442 2785 6848 639189 487555 54909 96725 19027 19027 562408 487460 49396 25552 143867 65125 53589 25153 36848 4097 24499 8252 1355150 1355150 490163 450578 31857 7728 64600 54358 10242 PURCHASED AIR TIME 464953 464953 PREMIUMS/REVENUE SHARIN 284075 195547 13550 74978 BAD DEBT EXPENSE 162532 162532 MISCELLANEOUS 25184 19187 2687 3310 8150345 6426205 808783 915357 80 100 1710235 2059416 2331765 1590501 183757 146255 57379 60562 107122 145667 10007974 5010295 4612138 4997679 4359 106074 29024490 29062590 741733 913607 38773058 39082451 343979 357590 51913 32769 22517575 300000 6790000 25176350 3025000 3325000 32728467 29191709 X 3884336 8232286 2160255 1658456 6044591 9890742 38773058 39082451 3846151 0 X X 0 1 X 1 0 X 9631264 9398692 11518983 11177906 10603689 52330534 9631264 9398692 11518983 11177906 10603689 52330534 8759061 43571473 37929 25928 12341 11806 15989 103993 943835 654715 579971 482840 690519 3351880 55786407 0.78100 0.69610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 51000 X PLEDGE DRIVE PREMIUMS 0 1251000 1251000 351320 88728 262592 206997 135523 71474 5523704 3972850 1550854 2674953 813194 1861759 4997679 X 12373253 150000 226757 376757 11996496 0 11996496 8527102 150000 226757 376757 8150345 0 8150345 PART III, LINE 4: THE ORGANIZATION OWNS THE ORIGINAL PENCIL SKETCHES OF THOMAS BLACKSHEAR AS WELL AS COPYRIGHTS. THE REPRODUCTIONS ARE OFFERED DURING MONTHS THAT ARE OF SPECIAL SIGNIFICANCE TO THE INDIVIDUAL WHO THE PORTRAIT IS PAINTED AFTER. THESE REPRODUCTIONS ARE GIVEN TO DONORS WHO CONTRIBUTE OVER A CERTAIN DOLLAR AMOUNT AS AN ADDED "THANK YOU" FROM THE ORGANIZATION. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE ORGANIZATION IS REQUIRED TO ASSESS WHETHER IT IS MORE LIKELY THAN NOT THAT A TAX POSITION WILL BE SUSTAINED UPON EXAMINATION OF THE TECHNICAL MERITS OF THE POSITION, ASSUMING THE TAXING AUTHORITY HAS FULL KNOWLEDGE OF ALL INFORMATION. IF THE TAX POSITION DOES NOT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD, THE BENEFIT OF THAT POSITION IS NOT RECOGNIZED IN THE FINANCIAL STATEMENTS. THE ORGANIZATION HAS DETERMINED THERE ARE NO AMOUNTS TO RECORD AS ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS. INTERNAL REVENUE SERVICE (IRS) FORM 990 FOR INCOME TAX YEARS ENDED 2009 AND THEREAFTER REMAINS SUBJECT TO EXAMINATION BY THE IRS. FORM 990 FOR THE TAX YEAR 2012 HAS NOT BEEN FILED AS OF THE DATE OF THIS REPORT. PART XI, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 12,354. LOSS ON SALE OF ASSETS 10,309. SPECIAL EVENTS 204,094. PART XII, LINE 2D - OTHER ADJUSTMENTS: RENTAL EXPENSES 12,354. LOSS ON SALE OF ASSETS 10,309. SPECIAL EVENTS 204,094. MINNESOTA DINNER 60390 16350 44040 1350 23363 CHICAGO DINNER 93727 18846 74881 3846 500 58030 3 58295 24015 34280 7515 34335 212412 59211 153201 11361 1850 115728 128939 24262 1 NORTHBRIDGE PREPARATORY SCHOOL INC 8320 W BALLARD RD NILES IL 607141533 800597509 501(C)(3) 100000 CATHOLIC EDUCATION AND EVANGELIZATION. 1 0 SCHEDULE I, PART I, LINE 2: ACCORDING TO THE ORGANIZATION BY-LAWS, SECTION 2.05, THE CORPORATION SHALL AWARD GIFTS, GRANTS IN A MANNER THAT DOES NOT VIOLATE ITS 501C3 STATUS. THE BOARD MADE THE MOTION TO APPROVE A GIFT IN THE AMOUNT OF $100,000 TO NORTHBRIDGE PREPARATORY IN 2012. 1 X X 0 0 0 0 0 0 0 0 0 MARIANI DREW 156009 0 0 0 270 0 0 0 18022 0 174301 0 0 0 BENJAMIN & LINDA RUF CURRENT BOARD MEMBER PURCHASE OF WNTD-AM 950 KHZ, CHICAGO, ILLINOIS X 300000 300000 0 1 1 300000 X 15 241334 FAIR MARKET VALUE X 1 171500 FAIR MARKET VALUE X FORGIVENESS OF INTEREST EXPENSE AND/OR DEBT 2 1013323 OUTSTANDING DEBT X OTHER SUPPLIES 1 12079 FAIR MARKET VALUE 0 0 1 0 FORM 990, PART VI, SECTION A, LINE 4 THE NAME OF THE PRESIDENT POSITION IS CHANGED TO THE POSITION OF EXECUTIVE DIRECTOR AND ELIMINATION OF VICE PRESIDENTS, ASSISTANT TREASURERS AND ASSISTANT SECRETARIES. SPECIFIC RESPONSIBILITIES OF THE BOARD OF DIRECTORS HAS MINOR ADJUSTMENTS. ADDED A STATEMENT REGARDING ANY FEES OR CHARGES ASSOCIATED WITH THE SERVICES OR PRODUCTS OF THE CORPORATION SHALL BE WAIVED OR REDUCED WITH EACH RECIPIENT'S ABILITY TO PAY. ADDED DUE DILIGENCE LANGUAGE FOR DIRECTORS. CODE OF ETHICS AND WHISTLEBLOWER POLICIES WERE ADDED TO THE BYLAWS. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED BY THE DIRECTOR OF FINANCE AND ACCOUNTING AND THE CFO FOR ACCURACY WITH INTERNAL RECORDS, RESPONSES TO QUESTIONS AND COMPARISON TO AUDITED FINANCIAL STATEMENTS. THE 990 THEN GOES TO THE FINANCIAL COMMITTEE WHICH CONSISTS OF THE CFO, CEO AND BOARD CHAIR FOR APPROVAL FOR SUBMISSION. FORM 990, PART VI, SECTION B, LINE 12C THERE IS AN ANNUAL REVIEW PERFORMED BY HUMAN RESOURCES. FORM 990, PART VI, SECTION B, LINE 15 HUMAN RESOURCES PERFORMS A COMPILATION OF MARKET COMPARABLE INFORMATION FOR RADIO AND NON-PROFIT INDUSTRIES. SALARIES ARE AT THE DISCRETION OF MANAGEMENT UPON HUMAN RESOURCE'S ADVICE. SR. MANAGEMENT POSITIONS ARE ON THE APPROVAL OF THE BOARD. ALL CHANGES ARE PRESENTED TO THE BOARD. THE PROCESS INCLUDES THE USE OF INDEPENDENT PERSONS, COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF THE DECISIONS THAT ARE MADE. FORM 990, PART VI, SECTION C, LINE 19 FINANCIAL STATEMENTS ARE ON THE ORGANIZATION'S WEBSITE AND ARE AVAILABLE UPON REQUEST. OTHER FEES FORM 990, PART IX, LINE 11G CONTRACT LABOR: PROGRAM SERVICE EXPENSES 92,269. MANAGEMENT AND GENERAL EXPENSES 3,130. FUNDRAISING EXPENSES 20,067. TOTAL EXPENSES 115,466. CONSULTING: PROGRAM SERVICE EXPENSES 58,918. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 18,500. TOTAL EXPENSES 77,418. ENGINEERING: PROGRAM SERVICE EXPENSES 31,933. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 31,933. FORM 990, PART XII, LINE 2C: CFO PRESENTS PROPOSALS FROM THE AUDITORS TO FINANCE COMMITTEE WITH SUGGESTION FOR APPROVAL AND/OR AUDITED STATEMENTS. THE FINANCE COMMITTEE HAS RESPONSIBILITY OF THE OVERSIGHT OF THE AUDITED FINANCIAL STATEMENTS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR.