Financials & Reports - Pork Checkoff

Financials & Reports

2021 Pork Checkoff Stakeholder Report

Our 2021 stakeholder report highlights the collaborative efforts of producer leaders, the board of directors, partner organizations and NPB staff.

2022 National Pork Board Budget Expense Summary

2022 National Pork Board Program Dollars

Balance Sheet (000)

Balance Sheet 2021 (Unaudited) 2020 (Audited)
Assets
Cash and Short-Term Investments $66,873 $34,157
Accounts Receivable/Other Assets 735 1,140
Current Assets 67,608 35,297
Non-current Assets 27,608 27,200
Total Assets 95,215 62,497
Liabilities
Accounts Payable 14,305 6,328
Research Grants Payable 5,158 5,447
Long-Term-PTOWM 830 0
Total Liabilities 20,293 11,775
Reserve Balance
Designated 31,300 0
Undesignated 43,623 50,722
Total Fund Balance 74,923 50,722
Total Liabilities and Fund Balance $95,215 $62,497

Statement of Revenue and Expenses (000)

Statement of Revenue and Expenses 2021 (Unaudited) 2020 (Audited)
Revenue
Market Deductions $104,317 $72,332
Other: Program Income, Interest, etc 390 7,724
Total Revenue 104,707 80,056
Expenses
Domestic Marketing and International Trade 19,718 28,880
Science and Technology 8,337 5,097
Communications 8,762 4,085
Shareholder Outreach 8,325 6,289
Social Responsibility 7,406 3,728
Policy and Management 8,592 8,309
State Funding/PASLWOCO 19,367 13,278
Interest Expense 0 263
Total Expenses 80,507 69,929
Total (Deficit) Surplus For Period $24,200 $10,127

Pork Checkoff Return on Investment