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 Ratings3.5
Overall CultureC

Latest Updates

Employees (est.) (Dec 2019)3,611(+8%)
Revenue (FY, 2019)$900.4 M(+7%)
Share Price (Jan 2021)$61.6
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 $900.42 m in FY, 2019 which is a 6.1% increase from the previous period.
USD

Revenue (Q3, 2020)

200.1m

Gross profit (Q3, 2020)

115.9m

Gross profit margin (Q3, 2020), %

57.9%

Market capitalization (13-Jan-2021)

3.1b

Closing stock price (13-Jan-2021)

61.6

Cash (30-Sept-2020)

30.6m

EV

3.6b
Blackbaud's current market capitalization is $3.1 b.
Annual
USDFY, 2016FY, 2017FY, 2018FY, 2019

Revenue

730.8m788.3m848.6m900.4m

Revenue growth, %

15%8%8%6%

Cost of goods sold

339.2m361.9m381.7m418.4m

Gross profit

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

Revenue

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

Cost of goods sold

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

Gross profit

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

Gross profit Margin, %

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

Cash

16.9m29.8m30.9m31.8m

Accounts Receivable

88.9m610.3m86.6m88.9m

Prepaid Expenses

48.3m56.1m59.8m67.9m

Current Assets

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

Net Income

41.5m65.9m44.8m11.9m

Depreciation and Amortization

70.5m73.9m79.6m85.7m

Accounts Payable

3.7m1.0m9.5m12.9m

Cash From Operating Activities

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

Net Income

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

Depreciation and Amortization

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

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)

Cash From Operating Activities

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

60 60 60 50 60 60

Patent Applications

3 3 3 3 2 2

Patents Issued

2 2 3 3 3 3
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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

91/100

SecurityScorecard logo

Blackbaud Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Blackbaud Online and Social Media Presence

Embed Graph

Blackbaud Company Culture

  • Overall Culture

    C

    64/100

  • CEO Rating

    C+

    69/100

  • Compensation

    C+

    67/100

  • Diversity

    C-

    59/100

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Blackbaud News and Updates

Blackbaud Celebrates GivingTuesday with Stories of Rethinking Change

CHARLESTON, S.C., Nov. 30, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, tomorrow will celebrate the ninth annual global giving holiday, GivingTuesday, virtually ringing the opening bell at Nasdaq and amplifying stories of...

Blackbaud Stock Can See 20% Upside

We believe that Blackbaud’s stock still has more than 20% upside once the fear around the pandemic subsides. Blackbaud, a cloud computing provider, saw its stock lose around 33% in value so far this year. It traded at a pre-Covid high of $80 in January, and is still below that level...

An in-depth SWOT analysis on Corporate Social Responsibility (CSR) Software Market 2020-2027 major key companies profiled like Alaya, Benevity, Inc, Blackbaud, Inc., CSRware, Inc., DonationXchange, EcoVadis, GivePulse, Inc., Goodera, KindLink Ltd., Salesf

The Corporate Social Responsibility (CSR) Software Industry report provides a basic overview of the market including definitions, classifications, applications and industry chain structure. The Corporate Social Responsibility (CSR) Software Market analysis is provided for the international market in…

Blackbaud Announces Update Regarding Third Quarter 2020 Earnings Call

CHARLESTON, S.C., Oct. 29, 2020 /PRNewswire/ -- Blackbaud, Inc. (NASDAQ: BLKB), the world's leading cloud software company powering social good, announced today that the company was unable to hold its conference call to discuss third quarter results at the originally scheduled time due to...

Blackbaud Helps Social Good Organizations Extend Reach and Impact by Going Virtual with Blackbaud Peer-to-Peer Fundraising™, powered by JustGiving®

CHARLESTON, S.C., Oct. 23, 2020 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today announced the ability to include a livestream on a fundraising page with Blackbaud Peer-to-Peer Fundraising, powered by JustGiving. The...

Devereux Foundation Notice of Blackbaud Data Event

VILLANOVA, Pa., Sept. 14, 2020 /PRNewswire/ -- On Thursday, July 16, 2020, Blackbaud, Inc., a cloud computing provider that offers customer relationship management tools to nonprofit organizations, reported that, in May 2020, it experienced a ransomware incident that resulted in...
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Blackbaud Blogs

4 Ways to Further Your Nonprofit Career with Continued Learning

Have you heard the expression, “You learn something new every day?” It’s true. And if you don’t feel that it’s …

The sgENGAGE Podcast Episode 179: Exploring Employee Relief Funds

Employees are a business’s most valuable asset, which is why more companies are starting to implement employee relief programs to …

Nonprofit Web Design: 3 Common Challenges & Solutions

Nonprofit fundraising and development is hard work, especially amid all of the challenges that have been thrown our way over …

New Year, New Format for In-Person Peer-to-Peer Events (With Examples!)

As the calendar changed, so too did the outlook of many hopeful people, eager for the changes this year may …

Five Ways to Promote Wellness in Your Organization this New Year

Corporate social responsibility has taken on a completely new look since we all started staying the social six feet apart …

Converting Emotional Donors to Monthly Donors

Ah, the new donor. A relationship rife with possibility. You’ve spent a lot of time and resources getting them to …
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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 $900.4 m.

  • What is Blackbaud revenue per employee?

    Latest Blackbaud revenue per employee is $249.4 k.

  • Who are Blackbaud competitors?

    Competitors of Blackbaud include CyberGrants, Benevity and Mercuries Data Systems.

  • 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.