| Type | Public |
|---|---|
| Traded as | NASDAQ: BLKB |
| Industry | software publishing |
| Founded | New York (1981) |
| Headquarters | 2000 Daniel Island Drive, Charleston, South Carolina, USA 29492-7541 |
| Key people | Anthony Bakker, Founder Marc Chardon, CEO |
| Revenue | US$327M (FY 2010)[1] |
| Operating income | US$46.4M (FY 2010)[1] |
| Net income | US$29.8M (FY 2010)[1] |
| Total assets | US$328M (FY 2010)[2] |
| Total equity | US$123M (FY 2010)[2] |
| Employees | ~2,000 (October, 2009) |
| Website | www.blackbaud.com |
Blackbaud Inc. (NASDAQ:BLKB)[3] is a supplier of software and services specifically designed for nonprofit organizations. Its products focus on fundraising, website management, CRM, anayltics, financial management, ticketing, and education administration.
Blackbaud's flagship product is a fundraising SQL database software, The Raiser's Edge. In 2006, approximately two-thirds of Blackbaud's annual revenue was generated from sales, maintenance, and associated services for The Raiser's Edge. Other products include Blackbaud Enterprise CRM, The Financial Edge, The Education Edge, Blackbaud Student Information Systems, The Patron Edge, Blackbaud NetCommunity, and Target Analytics. In addition, Blackbaud offers consultancy services to nonprofit organizations.
The company was founded in 1981, and now employs over 2,100 people, with over 25,000 customers worldwide. Its headquarters are in Daniel Island, Charleston, South Carolina, with additional offices in Cambridge, Massachusetts; Indianapolis, Indiana; Miami Beach, Florida; Alexandria, Virginia; San Diego, California; Toronto, Ontario; Glasgow, Scotland; Hong Kong, London, England; Sydney, Australia; and Almere, Netherlands. In 2009, Blackbaud had a turnover of $309.3 million. In November, 2010, Blackbaud was named in Forbes 100 Best Small Companies in America List at #54, appearing on the list for the fourth time.[4] On July 22, 2004,[5] the company announced an Initial Public Offering and now is quoted on the NASDAQ under the stock ticker BLKB.
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Blackbaud's name is a portmanteau of the words "blackboard", chosen for its association with school classrooms (the company mainly developed software for schools during its early years), and "baud", a word associated with computer technology at the time.