NEEL & PARTNERS

$1.83M 2025-2026 cycle

NEEL & PARTNERS is a strategy & research vendor. In the 2025-2026 cycle NEEL & PARTNERS was paid $1.83M across 35 client committees, of which $376K 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

$1.83M = $1.45M (Schedule B) + $376K (Independent Expenditures)
Schedule B
direct committee payments
$1,454,998 242 rows 79.4%
Independent Expenditures
money this entity spent supporting candidates, NOT a committee paying them
$376,427 8 rows 20.6%
Activity span ALL TIME
Oct 6, 2021 → Jun 18, 2026
spans 4.7 years
Disbursements ALL TIME
242
Schedule B + IE rows
Client committees ALL TIME
35
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
$543K 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.

No buyer activity in this window.

VIEW 1 DIAGRAM DECORATIVE

Top buyers last 3 months · top 3

COURAGEOUS CONSERVATIVES PAC $317K — · 4 txns TEXAS TRUTH PAC $45K Digital · 3 txns CULLEN, JASON $2K — · 2 txns NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$317,389
IE $317,389
4
TEXAS TRUTH PAC
00089929
$45,484 3
CULLEN, JASON
NJ · House REP
$2,163 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 6 months · top 10

COURAGEOUS CONSERVATIVES PAC $317K — · 4 txns RICHARDSON KERESA HONORABLE $145K Strategy & Research · 6 txns BINKLEY, RYAN $88K Strategy & Research · 5 txns TEXAS TRUTH PAC $45K Digital · 3 txns TRAN, NICK B. $38K Digital · 4 txns PATTERSON WILLIAM R MR RALPH $33K Strategy & Research · 8 txns BETTS, DANIEL $30K Media · 5 txns HEISE, GREGOR HEINRICH $24K Media · 6 txns BASTROP COUNTY GOP CLUB $9K Strategy & Research · 2 txns CULLEN, JASON $4K Other / Unclassified · 3 txns NP NEEL & PARTNERS
VIEW 2 TABLE EXPORTABLE
Filer Total spend Disbursements
COURAGEOUS CONSERVATIVES PAC
C00587022
$317,389
IE $317,389
4
RICHARDSON KERESA HONORABLE
00088090
$145,159 6
BINKLEY, RYAN
TX · House REP
$87,929 5
TEXAS TRUTH PAC
00089929
$45,484 3
TRAN, NICK B.
TX · House REP
$37,752 4
PATTERSON WILLIAM R MR RALPH
00090442
$33,164 8
BETTS, DANIEL
TX · House REP
$29,660 5
HEISE, GREGOR HEINRICH
TX · House REP
$24,024 6
BASTROP COUNTY GOP CLUB
00086305
$8,675 2
CULLEN, JASON
NJ · House REP
$3,623 3
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 12 months · top 10

COURAGEOUS CONSERVATIVES PAC $317K — · 4 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 · 12 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
$317,389
IE $317,389
4
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
$26,784 12
BASTROP COUNTY GOP CLUB
00086305
$8,675 2
VIEW 1 DIAGRAM DECORATIVE

Top buyers last 18 months · top 10

COURAGEOUS CONSERVATIVES PAC $317K — · 4 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
$317,389
IE $317,389
4
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 1 DIAGRAM DECORATIVE

Top buyers last 24 months · top 10

COURAGEOUS CONSERVATIVES PAC $317K — · 4 txns RICHARDSON KERESA HONORABLE $183K Strategy & Research · 17 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
$317,389
IE $317,389
4
RICHARDSON KERESA HONORABLE
00088090
$182,517 17
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

By party

Revenue by party

100% R
D · 0%
R · 100%
PartyAmount%
Democratic $0 0.00%
Republican $318,901 17.41%
Non-partisan $1,512,524 82.59%

Part III Reference tables

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

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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): $48K 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 52 RICHARDSON KERESA HONORABLE 37% Strategy & Research 74% $467K +5%
2026 Q2 2026 $48K 5 TEXAS TRUTH PAC 95% Digital 21% $515K -58%
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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: 7w ago · no prior-cycle baseline Digital $10K

Revenue by service category

last 6 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: 4mo ago · +125% vs prior cycle Strategy & Research $271K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 7w ago · no prior-cycle baseline Digital $67K 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: 4mo 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: 7w 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: 4mo 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: 7w 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: 4mo ago · +125% vs prior cycle Strategy & Research $379K Digital — cycle-to-date Total: $79K across 16 disbursements (avg $5K/check) Top buyer: TRAN, NICK B. (50% of category) Last paid: 7w 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% 4mo ago
Digital $78,605 16 $5K 5.6% TRAN, NICK B. 50% 7w 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% 4mo 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
27
One-time clients 1 cycle
$636,955 · 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
#

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
$1,371,452 94.3% 30
MD
$53,460 3.7% 1
Unknown
$13,739 0.9% 2
RI
$12,725 0.9% 1
NJ
$3,623 0.2% 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 2026-05-26 TEXAS TRUTH PAC Digital Digital Advertising $9,995
Recent 2026-04-23 TEXAS TRUTH PAC Text Messaging $1,709
Recent 2026-04-21 CULLEN, JASON PEER TO PEER TEXT MESSAGES $1,082
Recent 2026-05-11 CULLEN, JASON PEER TO PEER TEXT MESSAGES $1,082
See all 242 disbursements →