NEEL & PARTNERS

$1.91M 2025-2026 cycle

NEEL & PARTNERS is a strategy & research vendor. In the 2025-2026 cycle NEEL & PARTNERS was paid $1.91M across 37 client committees, of which $380K flowed through Independent Expenditures rather than direct committee payments.

Strategy & Research ● Recent

Part I Identity

Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.

Source split

$1.91M = $1.53M (Schedule B) + $380K (Independent Expenditures)
Schedule B
direct committee payments
$1,533,673 258 rows 80.1%
Independent Expenditures
money this entity spent supporting candidates, NOT a committee paying them
$379,883 9 rows 19.9%
Activity span ALL TIME
Oct 6, 2021 → Sep 21, 2026
spans 5.0 years
Disbursements ALL TIME
258
Schedule B + IE rows
Client committees ALL TIME
37
distinct payers

Part II Activity in selected window

One timeframe control governs all three panels below. Change it once and the trajectory, top buyers, and party breakdown all update together.

Spend trajectory

Monthly spend to this vendor over the last 12 months.

Oct 2025 Sep 2026
$615K across 12 months
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Top buyers

Two views of the same data — diagram and table share the time-window control and the same top-buyers slice. Click "View all buyers in research" to drill in with the matching date range.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 1 months · top 3

RICHARDSON KERESA HONORABLE $17K — · 1 txn TEXAS TRUTH PAC $5K — · 1 txn LITTLE JASON MITCHELL HONORABLE $4K Print & Mail · 1 txn NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
RICHARDSON KERESA HONORABLE
00088090
$17,066 1
TEXAS TRUTH PAC
00089929
$5,000 1
LITTLE JASON MITCHELL HONORABLE
00088078
$4,053 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 5

RICHARDSON KERESA HONORABLE $54K Field & Voter Contact · 5 txns TEXAS TRUTH PAC $5K — · 1 txn LITTLE JASON MITCHELL HONORABLE $4K Print & Mail · 1 txn COURAGEOUS CONSERVATIVES PAC $3K — · 1 txn EAST TEXANS FOR LIBERTY POLITICAL ACT… $72 — · 1 txn NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
RICHARDSON KERESA HONORABLE
00088090
$54,066 5
TEXAS TRUTH PAC
00089929
$5,000 1
LITTLE JASON MITCHELL HONORABLE
00088078
$4,053 1
COURAGEOUS CONSERVATIVES PAC
C00587022
$3,456
IE $3,456
1
EAST TEXANS FOR LIBERTY POLITICAL ACTION COMMITTEE
00082978
$72 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 7

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $54K Field & Voter Contact · 5 txns TEXAS TRUTH PAC $50K Digital · 4 txns MCKAY, RAYMOND TYLER MR $7K — · 3 txns CULLEN, JASON $4K — · 4 txns LITTLE JASON MITCHELL HONORABLE $4K Print & Mail · 1 txn EAST TEXANS FOR LIBERTY POLITICAL ACT… $72 — · 1 txn NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$323,957
IE $320,845 · SB $3,112
6
RICHARDSON KERESA HONORABLE
00088090
$54,066 5
TEXAS TRUTH PAC
00089929
$50,484 4
MCKAY, RAYMOND TYLER MR
RI · Senate REP
$7,000 3
CULLEN, JASON
NJ · House REP
$4,326 4
LITTLE JASON MITCHELL HONORABLE
00088078
$4,053 1
EAST TEXANS FOR LIBERTY POLITICAL ACTION COMMITTEE
00082978
$72 1
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $214K Strategy & Research · 16 txns TEXAS TRUTH PAC $97K Digital · 6 txns BINKLEY, RYAN $88K Strategy & Research · 5 txns PATTERSON WILLIAM R MR RALPH $59K Strategy & Research · 12 txns BETTS, DANIEL $48K Digital · 10 txns TRAN, NICK B. $39K Digital · 5 txns HEISE, GREGOR HEINRICH $26K Media · 10 txns STAHL, BRIAN $24K Strategy & Research · 6 txns MCKAY, RAYMOND TYLER MR $12K — · 5 txns NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$323,957
IE $320,845 · SB $3,112
6
RICHARDSON KERESA HONORABLE
00088090
$214,283 16
TEXAS TRUTH PAC
00089929
$97,411
IE $45,000 · SB $52,411
6
BINKLEY, RYAN
TX · House REP
$87,929 5
PATTERSON WILLIAM R MR RALPH
00090442
$58,610 12
BETTS, DANIEL
TX · House REP
$47,710 10
TRAN, NICK B.
TX · House REP
$39,306 5
HEISE, GREGOR HEINRICH
TX · House REP
$26,024 10
STAHL, BRIAN
TX · House REP
$24,428 6
MCKAY, RAYMOND TYLER MR
RI · Senate REP
$12,225 5
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $220K Strategy & Research · 18 txns TEXAS TRUTH PAC $105K Digital · 7 txns BINKLEY, RYAN $88K Strategy & Research · 5 txns PATTERSON WILLIAM R MR RALPH $59K Strategy & Research · 12 txns BETTS, DANIEL $53K Strategy & Research · 12 txns TRAN, NICK B. $39K Digital · 5 txns HEISE, GREGOR HEINRICH $27K Media · 13 txns STAHL, BRIAN $27K Strategy & Research · 7 txns MCKAY, RAYMOND TYLER MR $12K — · 5 txns NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$323,957
IE $320,845 · SB $3,112
6
RICHARDSON KERESA HONORABLE
00088090
$220,283 18
TEXAS TRUTH PAC
00089929
$104,588
IE $45,000 · SB $59,588
7
BINKLEY, RYAN
TX · House REP
$87,929 5
PATTERSON WILLIAM R MR RALPH
00090442
$58,610 12
BETTS, DANIEL
TX · House REP
$53,460 12
TRAN, NICK B.
TX · House REP
$39,306 5
HEISE, GREGOR HEINRICH
TX · House REP
$27,284 13
STAHL, BRIAN
TX · House REP
$26,928 7
MCKAY, RAYMOND TYLER MR
RI · Senate REP
$12,225 5
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $225K Strategy & Research · 19 txns TEXAS TRUTH PAC $105K Digital · 7 txns BINKLEY, RYAN $88K Strategy & Research · 5 txns PATTERSON WILLIAM R MR RALPH $59K Strategy & Research · 12 txns BETTS, DANIEL $53K Strategy & Research · 12 txns TRAN, NICK B. $39K Digital · 5 txns HEISE, GREGOR HEINRICH $27K Media · 13 txns STAHL, BRIAN $27K Strategy & Research · 7 txns MCKAY, RAYMOND TYLER MR $12K — · 5 txns NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$323,957
IE $320,845 · SB $3,112
6
RICHARDSON KERESA HONORABLE
00088090
$224,785 19
TEXAS TRUTH PAC
00089929
$104,588
IE $45,000 · SB $59,588
7
BINKLEY, RYAN
TX · House REP
$87,929 5
PATTERSON WILLIAM R MR RALPH
00090442
$58,610 12
BETTS, DANIEL
TX · House REP
$53,460 12
TRAN, NICK B.
TX · House REP
$39,306 5
HEISE, GREGOR HEINRICH
TX · House REP
$27,284 13
STAHL, BRIAN
TX · House REP
$26,928 7
MCKAY, RAYMOND TYLER MR
RI · Senate REP
$12,225 5

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $333,157 17.41%
Non-partisan $1,580,399 82.59%

Part III Reference tables

Full all-time and cycle-to-date data.

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Money flow through this vendor

Where their ad buys point

IE payers (left) → races the buys targeted (right) · independent-expenditure filings only

No activity in the last 1 months.

NEEL & PARTNERS COURAGEOUS CONSERVATIVES PAC $3K Brent Taylor (support) $3K Total in: $3K Total out: $3K
NEEL & PARTNERS COURAGEOUS CONSERVATIVES PAC $321K Alexandra Mealer (oppose) $7K Brent Taylor (support) $3K Unspecified races (2 filing… $310K Total in: $321K Total out: $321K
NEEL & PARTNERS COURAGEOUS CONSERVATIVES PAC $321K TEXAS TRUTH PAC $45K Alexandra Mealer (oppose) $7K Brent Taylor (support) $3K Unspecified races (5 filing… $359K Total in: $366K Total out: $370K
NEEL & PARTNERS COURAGEOUS CONSERVATIVES PAC $321K TEXAS TRUTH PAC $45K Alexandra Mealer (oppose) $7K Brent Taylor (support) $3K Unspecified races (5 filing… $359K Total in: $366K Total out: $370K
NEEL & PARTNERS COURAGEOUS CONSERVATIVES PAC $321K TEXAS TRUTH PAC $45K Alexandra Mealer (oppose) $7K Brent Taylor (support) $3K Unspecified races (5 filing… $359K Total in: $366K Total out: $370K
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Cycle-over-cycle trajectory

202120222023202420252026 Q4 2021 (2020 cycle): $21KQ1 2022 (2022 cycle): $213KQ2 2022 (2022 cycle): $57KQ3 2022 (2022 cycle): $2KQ4 2022 (2022 cycle): $2KQ2 2023 (2022 cycle): $2KQ4 2023 (2022 cycle): $81KQ1 2024 (2024 cycle): $398KQ2 2024 (2024 cycle): $114KQ3 2024 (2024 cycle): $11KQ4 2024 (2024 cycle): $9KQ1 2025 (2024 cycle): $2KQ2 2025 (2024 cycle): $60Q2 2025 (2026 cycle): $500Q3 2025 (2024 cycle): $3KQ3 2025 (2026 cycle): $4KQ4 2025 (2024 cycle): $25KQ4 2025 (2026 cycle): $45KQ1 2026 (2026 cycle): $418KQ2 2026 (2026 cycle): $63KQ3 2026 (2026 cycle): $63K Q4Q2Q4Q4Q2Q4Q2Q3Q4Q1Q3 $418K

current cycle earlier election cycle off-cycle year quarterly · 6 years

Per-quarter totals
Year Q Cycle Total Txns Top buyer · share Top category · share Cum. (cycle) YoY %
2021 Q4 2020 $21K 9 HERBLIN III JAMES G MR JIM 62% Strategy & Research 100% $21K —
2022 Q1 2022 $213K 24 HERBLIN III JAMES G MR JIM 56% Strategy & Research 100% $213K —
2022 Q2 2022 $57K 7 REYES JR RAUL MR 99% Strategy & Research 100% $270K —
2022 Q3 2022 $2K 3 LIVINGSTON JOE F MR 100% Strategy & Research 100% $272K —
2022 Q4 2022 $2K 4 LIVINGSTON JOE F MR 74% Strategy & Research 100% $273K —
2023 Q2 2022 $2K 1 SPENCER CHRIS MR 100% Strategy & Research 100% $275K —
2023 Q4 2022 $81K 10 RICHARDSON KERESA HONORABLE 100% Strategy & Research 100% $356K +295%
2024 Q1 2024 $398K 60 SPENCER CHRIS MR 32% Strategy & Research 100% $398K +87%
2024 Q2 2024 $114K 23 NRH4U DISSOLVED 47% Strategy & Research 100% $513K +101%
2024 Q3 2024 $11K 3 RICHARDSON KERESA HONORABLE 91% Strategy & Research 100% $524K +653%
2024 Q4 2024 $9K 5 RICHARDSON KERESA HONORABLE 65% Strategy & Research 100% $533K +463%
2025 Q1 2024 $2K 3 AMARILLO TAXPAYERS POLITICA… 90% Strategy & Research 100% $535K —
2025 Q2 2024 $60 1 EAST TEXANS FOR LIBERTY POL… 100% Strategy & Research 100% $535K -97%
2025 Q2 2026 $500 1 HEISE, GREGOR HEINRICH 100% Software & Tech 100% $500 —
2025 Q3 2024 $3K 1 RICHARDSON KERESA HONORABLE 100% Strategy & Research 100% $538K —
2025 Q3 2026 $4K 3 BETTS, DANIEL 78% Strategy & Research 78% $4K —
2025 Q4 2024 $25K 12 RICHARDSON KERESA HONORABLE 37% Strategy & Research 100% $564K -69%
2025 Q4 2026 $45K 15 STAHL, BRIAN 53% Strategy & Research 39% $49K —
2026 Q1 2026 $418K 53 RICHARDSON KERESA HONORABLE 37% Strategy & Research 74% $467K +5%
2026 Q2 2026 $63K 12 TEXAS TRUTH PAC 72% Digital 16% $530K -45%
2026 Q3 2026 $63K 8 RICHARDSON KERESA HONORABLE 86% Field & Voter Contact 55% $594K +459%
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Revenue by service category

Revenue by service category

last 1 months · hover bars for cycle context
Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $4K

Revenue by service category

last 3 months · hover bars for cycle context
Field & Voter Contact — cycle-to-date Total: $43K across 3 disbursements (avg $14K/check) Top buyer: RICHARDSON KERESA HONORABLE (82% of category) Last paid: 6w ago · no prior-cycle baseline Field & Voter Contact $35K Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $4K

Revenue by service category

last 6 months · hover bars for cycle context
Field & Voter Contact — cycle-to-date Total: $43K across 3 disbursements (avg $14K/check) Top buyer: RICHARDSON KERESA HONORABLE (82% of category) Last paid: 6w ago · no prior-cycle baseline Field & Voter Contact $35K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 4mo ago · no prior-cycle baseline Digital $10K Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $4K

Revenue by service category

last 12 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.27M across 206 disbursements (avg $6K/check) Top buyer: RICHARDSON KERESA HONORABLE (26% of category) Last paid: 7mo ago · +125% vs prior cycle Strategy & Research $335K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 4mo ago · no prior-cycle baseline Digital $79K Field & Voter Contact — cycle-to-date Total: $43K across 3 disbursements (avg $14K/check) Top buyer: RICHARDSON KERESA HONORABLE (82% of category) Last paid: 6w ago · no prior-cycle baseline Field & Voter Contact $43K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 7mo ago · no prior-cycle baseline Media $29K Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $6K

Revenue by service category

last 18 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.27M across 206 disbursements (avg $6K/check) Top buyer: RICHARDSON KERESA HONORABLE (26% of category) Last paid: 7mo ago · +125% vs prior cycle Strategy & Research $356K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 4mo ago · no prior-cycle baseline Digital $79K Field & Voter Contact — cycle-to-date Total: $43K across 3 disbursements (avg $14K/check) Top buyer: RICHARDSON KERESA HONORABLE (82% of category) Last paid: 6w ago · no prior-cycle baseline Field & Voter Contact $43K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 7mo ago · no prior-cycle baseline Media $29K Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $7K Software & Tech — cycle-to-date Total: $500 across 1 disbursements (avg $500/check) Top buyer: HEISE, GREGOR HEINRICH (100% of category) Last paid: 16mo ago · no prior-cycle baseline Software & Tech $500

Revenue by service category

last 24 months · hover bars for cycle context
Strategy & Research — cycle-to-date Total: $1.27M across 206 disbursements (avg $6K/check) Top buyer: RICHARDSON KERESA HONORABLE (26% of category) Last paid: 7mo ago · +125% vs prior cycle Strategy & Research $364K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 4mo ago · no prior-cycle baseline Digital $79K Field & Voter Contact — cycle-to-date Total: $43K across 3 disbursements (avg $14K/check) Top buyer: RICHARDSON KERESA HONORABLE (82% of category) Last paid: 6w ago · no prior-cycle baseline Field & Voter Contact $43K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 7mo ago · no prior-cycle baseline Media $29K Print & Mail — cycle-to-date Total: $7K across 5 disbursements (avg $1K/check) Top buyer: LITTLE JASON MITCHELL HONORABLE (57% of category) Last paid: 3w ago · no prior-cycle baseline Print & Mail $7K Software & Tech — cycle-to-date Total: $500 across 1 disbursements (avg $500/check) Top buyer: HEISE, GREGOR HEINRICH (100% of category) Last paid: 16mo ago · no prior-cycle baseline Software & Tech $500
Per-category breakdown · cycle-to-date
Category Total spend Txns Avg check % of total Top buyer · share Last paid
Strategy & Research $1,268,431 206 $6K 88.5% RICHARDSON KERESA HONORABLE 26% 7mo ago
Digital $78,605 16 $5K 5.5% TRAN, NICK B. 50% 4mo ago
Field & Voter Contact $42,765 3 $14K 3.0% RICHARDSON KERESA HONORABLE 82% 6w ago
Media $28,536 2 $14K 2.0% BETTS, DANIEL 53% 7mo ago
Other / Unclassified $7,257 3 $2K 0.5% STAHL, BRIAN 78% 7mo ago
Print & Mail $7,163 5 $1K 0.5% LITTLE JASON MITCHELL HONOR… 57% 3w ago
Software & Tech $500 1 $500 0.0% HEISE, GREGOR HEINRICH 100% 16mo ago
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Client retention

Sticky-relationship signal: how many clients keep coming back across cycles vs one-time buyers.

1
Anchor clients 3+ cycles
$379,161 · 25% of revenue
7
Repeat clients 2 cycles
$508,019 · 33% of revenue
29
One-time clients 1 cycle
$646,493 · 42% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
RICHARDSON KERESA HONORABLE 3 $379,161 48 2023-10-23 2026-09-18
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Geographic concentration

Where this vendor's clients are based — federal committees by state, plus implicit jurisdiction for CA and TX state filers.

State   Total spend % of revenue Clients
TX
$1,447,090 94.4% 32
MD
$53,460 3.5% 1
RI
$22,725 1.5% 1
NJ
$5,786 0.4% 1
VA
$3,112 0.2% 1
MN
$1,500 0.1% 1
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Notable disbursements

5 largest all-time · 5 largest in the current cycle · 5 most recent. Each row earns its place.

Reason Date Filer Category Purpose Amount
Largest all-time 2022-01-10 HERBLIN III JAMES G MR JIM Strategy & Research Consulting $83,510
Largest all-time 2026-02-03 RICHARDSON KERESA HONORABLE Strategy & Research Digital advertising $76,000
Largest all-time 2023-12-05 RICHARDSON KERESA HONORABLE Strategy & Research Campaign Consultant $57,854
Largest all-time 2024-01-16 DE MOOR MD FACEP CARRIE ELIZABETH Strategy & Research Advertising $49,873
Largest all-time 2022-01-12 REYES JR RAUL MR Strategy & Research Video $40,000
Largest this cycle 2026-02-09 BINKLEY, RYAN Strategy & Research STRATEGIC CONSULTING $34,500
Largest this cycle 2026-01-22 BINKLEY, RYAN Strategy & Research STRATEGIC CONSULTING $34,500
Largest this cycle 2026-06-18 TEXAS TRUTH PAC — Doorknocking $33,780
Largest this cycle 2026-01-20 RICHARDSON KERESA HONORABLE Strategy & Research Mailer $19,680
Recent 2026-09-02 RICHARDSON KERESA HONORABLE Field & Voter Contact Field operations $17,500
Recent 2026-09-18 RICHARDSON KERESA HONORABLE — Mailing expense $17,066
Recent 2026-09-15 TEXAS TRUTH PAC — Website Services $5,000
Recent 2026-09-21 LITTLE JASON MITCHELL HONORABLE Print & Mail PRINTING / POSTAGE $4,053
Recent 2026-09-02 RICHARDSON KERESA HONORABLE — Retainer $1,000
See all 258 disbursements →