OverviewSuggest Edit

Blackbaud is a company developing cloud software for nonprofits, foundations, companies, education institutions, healthcare organizations, and individual change agents. It offers products for fundraising, website management, CRM, analytics, financial management, ticketing, and education administration. Its flagship product is Raiser's Edge, a fundraising SQL database software suite. Other products and services include Blackbaud Enterprise CRM, Financial Edge, Education Edge, Blackbaud NetCommunity, eTapestry, Luminate Online, Luminate CRM, Friends Asking Friends, Altru museum management software, and Target Analytics.

TypePublic
Founded1981
HQCharleston, SC, US
Websiteblackbaud.com
Employee Ratings3.6
Overall CultureC-

Latest Updates

Employees (est.) (Dec 2019)3,611(+8%)
Job Openings166
Revenue (FY, 2020)$913.2 M(+2%)
Share Price (Jun 2021)$72.6
Cybersecurity ratingAMore

Key People/Management at Blackbaud

Michael Gianoni

Michael Gianoni

President and Chief Executive Officer
Anthony Boor

Anthony Boor

Chief Financial Officer, and Executive Vice President of Finance and Administration
Kevin McDearis

Kevin McDearis

Executive Vice President and Chief Products Officer
Catherine LaCour

Catherine LaCour

Chief Marketing Officer
Todd Lant

Todd Lant

Chief Information Officer
David Benjamin

David Benjamin

Executive Vice President, and President of International Markets Group
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Blackbaud Office Locations

Blackbaud has offices in Charleston, Austin, Bedford, New York and in 6 other locations
Charleston, SC, US (HQ)
65 Fairchild St
Austin, TX, US
11501 Domain Dr #200Austin
Bedford, NH, US
6 Bedford Farms Dr
Charleston, SC, US
2000 Daniel Island Dr
New York, NY, US
500 7th Ave
Plano, TX, US
6111 W Plano Pkwy #1000YC
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Blackbaud Financials and Metrics

Blackbaud Revenue

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Blackbaud's revenue was reported to be $913.22 m in FY, 2020
USD

Revenue (Q1, 2021)

219.2m

Gross profit (Q1, 2021)

115.8m

Gross profit margin (Q1, 2021), %

52.8%

Net income (Q1, 2021)

(164.0k)

EBIT (Q1, 2021)

6.6m

Market capitalization (7-Jun-2021)

3.5b

Closing stock price (7-Jun-2021)

72.6

Cash (31-Mar-2021)

27.8m

EV

4.1b
Blackbaud's current market capitalization is $3.5 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Revenue

730.8m788.3m848.6m900.4m913.2m

Revenue growth, %

15%8%8%6%

Cost of goods sold

339.2m361.9m381.7m418.4m428.1m

Gross profit

391.6m426.4m466.9m482.0m485.2m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Revenue

183.6m192.2m195.5m204.2m213.7m209.5m215.8m225.6m221.1m223.6m232.0m200.1m219.2m

Cost of goods sold

85.5m87.0m87.0m88.0m95.2m95.2m99.3m100.8m101.8m104.9m104.9m84.3m103.4m

Gross profit

98.1m105.2m108.5m116.1m118.5m114.3m116.5m124.8m119.3m118.8m127.1m115.9m115.8m

Gross profit Margin, %

53%55%55%57%55%55%54%55%54%53%55%58%53%
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Cash

16.9m29.8m30.9m31.8m35.8m

Accounts Receivable

88.9m610.3m86.6m88.9m95.4m

Prepaid Expenses

48.3m56.1m59.8m67.9m78.4m

Current Assets

507.9m794.1m598.0m734.5m819.1m
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019FY, 2020

Net Income

41.5m65.9m44.8m11.9m7.7m

Depreciation and Amortization

70.5m73.9m79.6m85.7m92.7m

Accounts Payable

3.7m1.0m9.5m12.9m(20.0m)

Cash From Operating Activities

153.6m176.3m201.4m182.5m148.0m
Quarterly
USDQ1, 2017Q2, 2017Q3, 2017Q1, 2018Q2, 2018Q3, 2018Q1, 2019Q2, 2019Q3, 2019Q1, 2020Q2, 2020Q3, 2020Q1, 2021

Net Income

11.5m22.7m35.2m17.8m24.3m35.5m(1.1m)6.0m10.6m4.6m16.5m21.3m(164.0k)

Depreciation and Amortization

18.1m36.5m54.8m19.8m39.8m60.0m21.7m43.1m64.0m21.8m46.1m68.8m21.0m

Accounts Payable

(1.3m)(4.0m)(2.9m)(1.7m)6.3m(134.0k)(3.6m)216.0k(74.0k)(4.0m)(9.0m)(17.2m)7.6m

Cash From Operating Activities

12.8m54.6m123.4m11.8m66.4m137.8m(10.0m)45.1m122.1m(24.5m)37.5m109.2m30.1m
USDFY, 2016

Revenue/Employee

231.6k

Debt/Equity

1.4 x

Debt/Assets

0.3 x

Financial Leverage

5.3 x
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Blackbaud Operating Metrics

Blackbaud's Customers was reported to be 45 k in FY, 2019.
Q1, 2014Q2, 2014Q3, 2014FY, 2014Q1, 2015Q2, 2015Q3, 2015FY, 2015Q1, 2016Q2, 2016Q3, 2016FY, 2016Q1, 2017Q2, 2017Q3, 2017FY, 2017Q1, 2018Q2, 2018Q3, 2018FY, 2018FY, 2019

Customers

30 k30 k30 k30 k30 k30 k30 k35 k35 k35 k35 k35 k35 k35 k35 k40 k40 k40 k40 k45 k45 k

Countries

606060506060

Patent Applications

333322

Patents Issued

223333
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Blackbaud Acquisitions / Subsidiaries

Company NameDateDeal Size
YourCauseJanuary 03, 2019$157 m
ReeherMay 01, 2018
JustGivingJune 26, 2017£95 m
AcademicWorksApril 03, 2017
ACN 161 644 328 Pty. Ltd.
Blackbaud Asia, Ltd.
Blackbaud Canada, Inc.
Blackbaud Europe Ltd.
Blackbaud Global Ltd.
Blackbaud Latin America, S.R.L.
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Blackbaud Revenue Breakdown

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Blackbaud revenue breakdown by geographic segment: 13.9% from Other Countries and 86.1% from United States

Blackbaud Cybersecurity Score

Cybersecurity ratingPremium dataset

A

90/100

SecurityScorecard logo

Blackbaud Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Blackbaud Online and Social Media Presence

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Blackbaud Company Culture

  • Overall Culture

    C-

    63/100

  • CEO Rating

    C+

    68/100

  • Compensation

    C+

    67/100

  • Diversity

    D+

    59/100

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Blackbaud News and Updates

Task.io Joins Blackbaud Partner Network as an ISV Partner

Task.io, a mobile-first data collection platform powered by blockchain, today announced that it has joined the Blackbaud Partner Network as a Blackbaud ISV Partner. With this partnership, Task joins a network of companies that provide applications and solutions that extend Blackbaud’s cloud offering…

Blackbaud Appoints Chris Singh Senior Vice President of Customer Success

Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that Chris Singh has been appointed senior vice president of Customer Success. In this role, Singh will oversee global customer success functions including management and support, servic…

Blackbaud CMO Catherine LaCour Named one of the 2021 Top 50 Most Powerful Women in Technology

CHARLESTON, S.C., April 12, 2021 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that its Chief Marketing Officer Catherine Cook LaCour has been named one of the 2021 Top 50 Most Powerful Women in Technology...

Blackbaud Appoints Brandon Sharrett President and General Manager of Blackbaud Corporate Solutions

Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, is pleased to announce that Brandon Sharrett has been appointed president and general manager for Blackbaud Corporate Solutions, reporting to David Benjamin, executive vice president, International Markets Gro…

Blackbaud Grantmaking™ is Now Available in a Powerful New User Interface

CHARLESTON, S.C., March 30, 2021 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced that a new, modern user interface for Blackbaud Grantmaking™ is now available to customers around the world. Powered by Blackbaud...

Emma Announces Integrations for Blackbaud CRM, Raiser's Edge and Raiser's Edge NXT, powered by Omatic Cloud

Integrations Empower Nonprofits and Social Good Organizations to Seamlessly Combine Email Marketing with CRM and Ensure Flexible and Clean Data Matching Integrations Empower Nonprofits and Social Good Organizations to Seamlessly Combine Email Marketing with CRM and Ensure Flexible and Clean Data Mat…
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Blackbaud Blogs

The sgENGAGE Podcast Episode 197: Protecting Patient Information—A Candid Conversation on Healthcare Compliance

Protecting patient information is critical. But it is a delicate balance between minimizing a healthcare organization’s risk and enabling development … The post The sgENGAGE Podcast Episode 197: Protecting Patient Information—A Candid Conversation on Healthcare Compliance first appeared on npENGAGE.

First Fundraising Event Email of the Season: Courting your Past Participants

After a challenging past year that required social good organizations to pivot their approach to peer-to-peer fundraising events, many organizations are now scheduling in-person or hybrid peer-to-peer fundraising … The post First Fundraising Event Email of the Season: Courting your Past Participants…

The sgENGAGE Podcast Episode 196: Tapping Your Supporter Base to Engage New Donors

High donor attrition is a fact of life for fundraisers—even those who excel at donor retention. To grow revenue, social … The post The sgENGAGE Podcast Episode 196: Tapping Your Supporter Base to Engage New Donors first appeared on npENGAGE.

4 Reasons to Start Planning Ahead for Giving Tuesday

Whether you’re brand new to nonprofit work or a veteran of the sector, you’re probably aware that GivingTuesday is one … The post 4 Reasons to Start Planning Ahead for Giving Tuesday first appeared on npENGAGE.

Nonprofit Leaders, Prioritize Mental Health for Employees of Color

Between emails, meetings, and Zoom calls, phones are buzzing with alerts of police killings, anti-Asian hate crimes, and check-ins from … The post Nonprofit Leaders, Prioritize Mental Health for Employees of Color first appeared on npENGAGE.

The sgENGAGE Podcast Episode 195: Fundraising vs. Raising Money

What’s the difference between fundraising and raising money? Many people may think of successful fundraising as simply getting donations, but … The post The sgENGAGE Podcast Episode 195: Fundraising vs. Raising Money first appeared on npENGAGE.
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Blackbaud Frequently Asked Questions

  • When was Blackbaud founded?

    Blackbaud was founded in 1981.

  • Who are Blackbaud key executives?

    Blackbaud's key executives are Michael Gianoni, Anthony Boor and Kevin McDearis.

  • How many employees does Blackbaud have?

    Blackbaud has 3,611 employees.

  • What is Blackbaud revenue?

    Latest Blackbaud annual revenue is $913.2 m.

  • What is Blackbaud revenue per employee?

    Latest Blackbaud revenue per employee is $252.9 k.

  • Who are Blackbaud competitors?

    Competitors of Blackbaud include Community Brands, CyberGrants and Benevity.

  • Where is Blackbaud headquarters?

    Blackbaud headquarters is located at 65 Fairchild St, Charleston.

  • Where are Blackbaud offices?

    Blackbaud has offices in Charleston, Austin, Bedford, New York and in 6 other locations.

  • How many offices does Blackbaud have?

    Blackbaud has 11 offices.