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 CultureD+

Latest Updates

Employees (est.) (Dec 2019)3,611(+8%)
Job Openings95
Revenue (FY, 2020)$913.2 M(+2%)
Share Price (Sept 2021)$67.8
Cybersecurity ratingBMore

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 5 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 (14-Sept-2021)

3.3b

Closing stock price (14-Sept-2021)

67.8

Cash (31-Mar-2021)

27.8m

EV

3.8b
Blackbaud's current market capitalization is $3.3 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

B

88/100

SecurityScorecard logo

Blackbaud Online and Social Media Presence

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Blackbaud Company Culture

  • Overall Culture

    D+

    63/100

  • CEO Rating

    C

    66/100

  • Compensation

    C+

    67/100

  • Diversity

    D+

    59/100

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Blackbaud News and Updates

Church Management Software Market 2021-2025: ACS Technologies Group Inc., Blackbaud Inc., and Breeze ChMS Emerge as the Dominant Players | Technavio

NEW YORK, Aug. 16, 2021 /PRNewswire/ -- The church management software market size is expected to grow by USD 196.10 million during 2021-2025, progressing at a CAGR of over 5.41% during the forecast period. ACS Technologies Group Inc. (US), Blackbaud Inc. (US), Breeze ChMS (US), Church...

Blackbaud Releases Ninth-Annual Trends Report on Corporate Social Responsibility and Employee Engagement

CHARLESTON, S.C., July 19, 2021 /PRNewswire/ -- Blackbaud (NASDAQ: BLKB), the world's leading cloud software company powering social good, today released its ninth-annual Industry Review: Employee Engagement and Corporate Social Responsibility Report, which provides key learnings and...

Blackbaud Cant Dodge Class Action Over Data Breach

A South Caralina federal judge has allowed a consolidated class action against cloud computing provider Blackbaud

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...
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Blackbaud Blogs

A Guide to bbcon 2021 Virtual for Arts & Cultural Organizations

bbcon 2021 Virtual, happening October 13–15, will bring together thousands of arts & cultural professionals from zoos, museums, aquaria, performing … The post A Guide to bbcon 2021 Virtual for Arts & Cultural Organizations first appeared on npENGAGE.

Why Foundations and Grantmaking Professionals Can’t Miss bbcon 2021 Virtual

As Blackbaud’s second virtual bbcon event approaches, we’re very excited about the fantastic session topics and speakers we’ve lined up … The post Why Foundations and Grantmaking Professionals Can’t Miss bbcon 2021 Virtual first appeared on npENGAGE.

A Guide to bbcon 2021 Virtual for Nonprofits

bbcon 2021 Virtual, happening October 13–15, will bring together tens of thousands of social good professionals for three days of cutting-edge thought leadership, virtual peer … The post A Guide to bbcon 2021 Virtual for Nonprofits first appeared on npENGAGE.

Challenges of Establishing an Employee Relief Fund (ERF) and Recommended Solutions

The growth in Employee Relief Funds (ERFs) exploded in the spring of 2020 as Covid-19 began to affect companies and … The post Challenges of Establishing an Employee Relief Fund (ERF) and Recommended Solutions first appeared on npENGAGE.

A Curated bbcon Experience for Healthcare Fundraising Professionals

We get it. There are fundraising challenges – and opportunities! – that are specific to healthcare organizations. That’s why we … The post A Curated bbcon Experience for Healthcare Fundraising Professionals first appeared on npENGAGE.

10 Steps to Better Mobile Donation Forms

The future is now. In 2020, some studies showed that mobile website traffic surpassed desktop traffic. Hopefully, your donation form … The post 10 Steps to Better Mobile Donation Forms 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 SmartSimple Software, Community Brands and CyberGrants.

  • 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 5 other locations.

  • How many offices does Blackbaud have?

    Blackbaud has 10 offices.