This is the 5473rd most frequent Polish word.
tegorocznym
"Of this year."
The word 'tegorocznym' modifies 'konkursie' (contest) to indicate the temporal context, specifying it as pertaining to this year.
W tegorocznym konkursie wygrał młody artysta.
In this year's contest, a young artist won.
Here, 'tegorocznym' describes 'celem' (goal), associating the goal specifically with the current year.
Tegorocznym celem naszej organizacji jest pomoc lokalnym społecznościom.
This year's goal of our organization is to help local communities.
In this sentence, 'tegorocznym' modifies 'festiwalu' (festival), specifying it as occurring in the current year.