NEEL & PARTNERS

$1.84M 2025-2026 cycle

NEEL & PARTNERS is a strategy & research vendor. In the 2025-2026 cycle NEEL & PARTNERS was paid $1.84M across 36 client committees, of which $380K flowed through Independent Expenditures rather than direct committee payments.

Strategy & Research ● Active

Part I Identity

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

Source split

$1.84M = $1.46M (Schedule B) + $380K (Independent Expenditures)
Schedule B
direct committee payments		 $1,460,482 246 rows 79.4%
Independent Expenditures
money this entity spent supporting candidates, NOT a committee paying them		 $379,883 9 rows 20.6%
Activity span ALL TIME
Oct 6, 2021 → Aug 7, 2026
spans 4.8 years
Disbursements ALL TIME
246
Schedule B + IE rows
Client committees ALL TIME
36
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.

Jul 2025 Jun 2026
$548K 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 1

COURAGEOUS CONSERVATIVES PAC $3K — · 1 txn NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
 $3,456
IE $3,456
 1
View all buyers in research · last 1 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 3

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns TEXAS TRUTH PAC $44K Digital · 2 txns CULLEN, JASON $3K — · 3 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
TEXAS TRUTH PAC
00089929
 $43,775 2
CULLEN, JASON
NJ · House REP
 $3,245 3
View all buyers in research · last 3 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns TEXAS TRUTH PAC $45K Digital · 3 txns TRAN, NICK B. $38K Digital · 4 txns BETTS, DANIEL $23K Media · 3 txns HEISE, GREGOR HEINRICH $22K Media · 4 txns PATTERSON WILLIAM R MR RALPH $19K Strategy & Research · 5 txns RICHARDSON KERESA HONORABLE $16K Strategy & Research · 1 txn BINKLEY, RYAN $14K — · 1 txn BASTROP COUNTY GOP CLUB $9K Strategy & Research · 2 txns CULLEN, JASON $6K Other / Unclassified · 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
TEXAS TRUTH PAC
00089929
 $45,484 3
TRAN, NICK B.
TX · House REP
 $37,752 4
BETTS, DANIEL
TX · House REP
 $23,400 3
HEISE, GREGOR HEINRICH
TX · House REP
 $22,108 4
PATTERSON WILLIAM R MR RALPH
00090442
 $18,536 5
RICHARDSON KERESA HONORABLE
00088090
 $16,158 1
BINKLEY, RYAN
TX · House REP
 $13,800 1
BASTROP COUNTY GOP CLUB
00086305
 $8,675 2
CULLEN, JASON
NJ · House REP
 $5,786 5
View all buyers in research · last 6 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $166K Strategy & Research · 13 txns TEXAS TRUTH PAC $100K Digital · 6 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 STAHL, BRIAN $27K Strategy & Research · 7 txns HEISE, GREGOR HEINRICH $27K Media · 11 txns BASTROP COUNTY GOP CLUB $9K Strategy & Research · 2 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
 $166,217 13
TEXAS TRUTH PAC
00089929
 $99,588
IE $45,000 · SB $54,588
 6
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
STAHL, BRIAN
TX · House REP
 $26,928 7
HEISE, GREGOR HEINRICH
TX · House REP
 $26,684 11
BASTROP COUNTY GOP CLUB
00086305
 $8,675 2
View all buyers in research · last 12 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $166K Strategy & Research · 13 txns TEXAS TRUTH PAC $100K Digital · 6 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 BASTROP COUNTY GOP CLUB $9K Strategy & Research · 2 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
 $166,217 13
TEXAS TRUTH PAC
00089929
 $99,588
IE $45,000 · SB $54,588
 6
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
BASTROP COUNTY GOP CLUB
00086305
 $8,675 2
View all buyers in research · last 18 mo →
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 10

COURAGEOUS CONSERVATIVES PAC $324K — · 6 txns RICHARDSON KERESA HONORABLE $173K Strategy & Research · 16 txns TEXAS TRUTH PAC $100K Digital · 6 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 BASTROP COUNTY GOP CLUB $9K Strategy & Research · 2 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
 $172,517 16
TEXAS TRUTH PAC
00089929
 $99,588
IE $45,000 · SB $54,588
 6
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
BASTROP COUNTY GOP CLUB
00086305
 $8,675 2
View all buyers in research · last 24 mo →

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $323,871 17.60%
Non-partisan $1,516,495 82.40%

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
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 Alexandra Mealer (oppose) $7K Brent Taylor (support) $3K Unspecified races (4 filing… $314K Total in: $321K Total out: $325K
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
View all transactions in research →
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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): $53K Q4Q2Q4Q4Q2Q4Q2Q3Q4Q1Q2 $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 $53K 8 TEXAS TRUTH PAC 86% Digital 19% $520K -54%
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Revenue by service category

No category revenue in this window.

Revenue by service category

last 3 months · hover bars for cycle context
Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $10K

Revenue by service category

last 6 months · hover bars for cycle context
Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $65K Strategy & Research — cycle-to-date Total: $1.27M across 206 disbursements (avg $6K/check) Top buyer: RICHARDSON KERESA HONORABLE (26% of category) Last paid: 5mo ago · +125% vs prior cycle Strategy & Research $43K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 5mo ago · no prior-cycle baseline Media $29K

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: 5mo 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: 2mo ago · no prior-cycle baseline Digital $79K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 5mo ago · no prior-cycle baseline Media $29K Field & Voter Contact — cycle-to-date Total: $8K across 1 disbursements (avg $8K/check) Top buyer: STAHL, BRIAN (100% of category) Last paid: 8mo ago · no prior-cycle baseline Field & Voter Contact $8K Print & Mail — cycle-to-date Total: $3K across 4 disbursements (avg $778/check) Top buyer: STAHL, BRIAN (65% of category) Last paid: 6mo ago · no prior-cycle baseline Print & Mail $3K

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: 5mo ago · +125% vs prior cycle Strategy & Research $359K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $79K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 5mo ago · no prior-cycle baseline Media $29K Field & Voter Contact — cycle-to-date Total: $8K across 1 disbursements (avg $8K/check) Top buyer: STAHL, BRIAN (100% of category) Last paid: 8mo ago · no prior-cycle baseline Field & Voter Contact $8K Print & Mail — cycle-to-date Total: $3K across 4 disbursements (avg $778/check) Top buyer: STAHL, BRIAN (65% of category) Last paid: 6mo ago · no prior-cycle baseline Print & Mail $3K Software & Tech — cycle-to-date Total: $500 across 1 disbursements (avg $500/check) Top buyer: HEISE, GREGOR HEINRICH (100% of category) Last paid: 13mo 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: 5mo ago · +125% vs prior cycle Strategy & Research $369K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 2mo ago · no prior-cycle baseline Digital $79K Media — cycle-to-date Total: $29K across 2 disbursements (avg $14K/check) Top buyer: BETTS, DANIEL (53% of category) Last paid: 5mo ago · no prior-cycle baseline Media $29K Field & Voter Contact — cycle-to-date Total: $8K across 1 disbursements (avg $8K/check) Top buyer: STAHL, BRIAN (100% of category) Last paid: 8mo ago · no prior-cycle baseline Field & Voter Contact $8K Print & Mail — cycle-to-date Total: $3K across 4 disbursements (avg $778/check) Top buyer: STAHL, BRIAN (65% of category) Last paid: 6mo ago · no prior-cycle baseline Print & Mail $3K Software & Tech — cycle-to-date Total: $500 across 1 disbursements (avg $500/check) Top buyer: HEISE, GREGOR HEINRICH (100% of category) Last paid: 13mo 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 91.0% RICHARDSON KERESA HONORABLE 26% 5mo ago
Digital $78,605 16 $5K 5.6% TRAN, NICK B. 50% 2mo ago
Media $28,536 2 $14K 2.0% BETTS, DANIEL 53% 5mo ago
Field & Voter Contact $7,765 1 $8K 0.6% STAHL, BRIAN 100% 8mo ago
Other / Unclassified $7,257 3 $2K 0.5% STAHL, BRIAN 78% 5mo ago
Print & Mail $3,110 4 $778 0.2% STAHL, BRIAN 65% 6mo ago
Software & Tech $500 1 $500 0.0% HEISE, GREGOR HEINRICH 100% 13mo 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
$325,095 · 22% of revenue
7
Repeat clients 2 cycles
$492,947 · 34% of revenue
28
One-time clients 1 cycle
$642,440 · 44% of revenue
Top 1 anchor clients · all-time
Client Cycles All-time spend Txns First paid Last paid
RICHARDSON KERESA HONORABLE 3 $325,095 43 2023-10-23 2026-02-10
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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
$1,383,900 94.8% 31
MD
$53,460 3.7% 1
RI
$12,725 0.9% 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 2026-01-22 BINKLEY, RYAN Strategy & Research STRATEGIC CONSULTING $34,500
Largest this cycle 2026-02-09 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 2026-05-26 TEXAS TRUTH PAC Digital Digital Advertising $9,995
Recent 2026-05-26 COURAGEOUS CONSERVATIVES PAC — NON-IE TEXT MESSAGING $3,112
Recent 2026-05-26 CULLEN, JASON — SMS MARKETTING CAMPAIGN $1,082
Recent 2026-06-01 CULLEN, JASON — SMS MARKETTING CAMPAIGN $1,082
View all disbursements in research →
See all 246 disbursements →