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 (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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