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.
Annual Reports
2023 NPB Priorities and Budget (National Pork Board)- 2022 NPB Priorities and Budget (National Pork Board)
- 2021 NPB Audited Financial Statements and Compliance Report (CliftonLarsonAllen LLP)
- 2020 NPB Audited Financial Statements and Compliance Report (Mayer Hoffman McCann P.C.)
- 2016 to 2020 Economic Analysis of NPB Checkoff Program (Cornell University)
- 2011 to 2016 Economic Analysis of NPB Checkoff Program (Cornell University)
- 2006 to 2010 Economic Analysis of NPB Checkoff Program (Cornell University)
- 1999 to 2005 Economic Analysis of NPB Checkoff Program (RTI International)
- 1987 to 1998 Economic Evaluation of the Pork Checkoff Program (Texas A&M University)
2022 National Pork Board Budget Expense Summary
2022 National Pork Board Program Dollars
Balance Sheet (000)
| Balance Sheet | 2021 (Audited) | 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 (Audited) | 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
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