Blackbaud Inc (NASDAQ: BLKB)

Blackbaud Inc is the world's leading provider of AI-powered solutions for social impact serving nonprofits educational institutions companies committed to corporate social responsibility and individual change makers with software and services for fundraising and engagement education solutions financial management and CSR and grantmaking.

Blackbaud generates revenue primarily from contractual recurring revenue which accounts for about sixty-four percent of total revenue driven by new customer bookings cross sell and upsell activity and retention of existing customer revenue under standard three-year contract terms with price increases at renewal and from transactional recurring revenue which accounts for about thirty-four percent of total revenue derived from donation processing consumer giving tuition management and event-based usage across its payment processing and related services.

The company operates through the following segments:

• Fundraising and Engagement includes Blackbaud Raiser's Edge NXT Blackbaud Enterprise Fundraising CRM Blackbaud Luminate Online Blackbaud TeamRaiser JustGiving Blackbaud Fundraiser Performance Management and Blackbaud Altru which provide cloud-based solutions for donor relationship management online fundraising peer-to-peer giving and arts and cultural organization management.

• Financial Management includes Blackbaud Financial Edge NXT Blackbaud Tuition Management Blackbaud Financial Aid Management and Blackbaud Billing Management which provide fund and sub fund accounting tuition payment processing financial aid administration and tuition and billing management for educational institutions and nonprofit organizations.

• Grant and Award Management includes Blackbaud Grantmaking and Blackbaud Award Management which support the end-to-end grantmaking process and scholarship management for foundations corporations and educational institutions.

• Education Solutions includes Blackbaud Student Information System Blackbaud Learning Management System Blackbaud Enrollment Management System and Blackbaud School Website System which assist schools in managing schedules transcripts GPAs learning content admissions and website development.

• Social Responsibility Employee Giving and Volunteering includes YourCause GrantsConnect and YourCause CSRconnect Blackbaud Impact Edge which support corporate philanthropy employee giving volunteering and social impact reporting.

• Payment Services includes Blackbaud Integrated Payments which provides credit card and ACH payment processing integrated with the company's solutions.

• Professional and Managed Services Training Customer Support include consulting implementation data conversion customization training and technical support for the company's software solutions.

Blackbaud maintains a leading position in the social impact software market through its AI-powered cloud solutions deep expertise from over four decades of service and access to the world's largest philanthropic data set which enables intelligent workflows and predictive insights that competitors lack due to fragmented offerings and limited sector-specific focus.

Blackbaud serves nonprofit organizations foundations educational institutions healthcare organizations houses of worship corporations engaged in corporate social responsibility and individual change makers involved in fundraising advocacy volunteering and charitable giving.