---
schema_version: "secwatch.filing_event.v1"
accession: "0001280058-25-000005"
form_type: "8-K/A"
ticker: "BLKB"
cik: "0001280058"
company_name: "BLACKBAUD INC"
filed_at: "2025-02-07T23:59:59+00:00"
generated_at: "2026-05-27T00:50:25.743701+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Blackbaud narrows EVERFI impairment charge range to $385M-$395M, down from $415M

## Summary
- Pre-tax noncash impairment charge estimated between $385M and $395M for EVERFI asset group.
- Original 8-K on Dec 12, 2024 had estimated charge up to $415M; revised range is lower.
- EVERFI business sold effective Dec 31, 2024, announced Jan 2, 2025.
- No future cash expenditures from the impairment charge.
- Full details to be in Form 10-K for year ended Dec 31, 2024.

## SEC filing metadata
- accession: 0001280058-25-000005
- form_type: 8-K/A
- ticker: BLKB
- cik: 0001280058
- company_name: BLACKBAUD INC
- filed_at: 2025-02-07T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.06
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1280058/000128005825000005/0001280058-25-000005-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1280058/000128005825000005/blkb-20241209.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001280058-25-000005
- JSON: https://secwatch.observer/filing/0001280058-25-000005.json
- Plain text: https://secwatch.observer/filing/0001280058-25-000005.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.