NEEL & PARTNERS
$1.85M
2025-2026 cycle
NEEL & PARTNERS is a strategy & research vendor. In the 2025-2026 cycle NEEL & PARTNERS was paid $1.85M across 36 client committees, of which $380K flowed through Independent Expenditures rather than direct committee payments.
Part I Identity
Stable facts about this entity. These figures do not change as you adjust the timeframe in Part II.
Source split
$1.85M
=
$1.47M
(Schedule B)
+
$380K
(Independent Expenditures)
| Schedule B direct committee payments |
$1,470,482 | 250 rows | 79.5% |
| Independent Expenditures money this entity spent supporting candidates, NOT a committee paying them |
$379,883 | 9 rows | 20.5% |
- Activity span ALL TIME
- Oct 6, 2021 → Aug 7, 2026
- spans 4.8 years
- Disbursements ALL TIME
- 250
- 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
$558K
across 12 months
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
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| COURAGEOUS CONSERVATIVES PAC C00587022 |
$3,456 IE $3,456 |
1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 3 months · top 4
VIEW 2 TABLE EXPORTABLE
| Filer | Total spend | Disbursements |
|---|---|---|
| TEXAS TRUTH PAC 00089929 |
$33,780 | 1 |
| COURAGEOUS CONSERVATIVES PAC C00587022 |
$13,456 IE $13,456 |
2 |
| MCKAY, RAYMOND TYLER MR RI · Senate REP |
$3,000 | 1 |
| CULLEN, JASON NJ · House REP |
$1,082 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 6 months · top 8
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 |
| MCKAY, RAYMOND TYLER MR RI · Senate REP |
$12,225 | 5 |
| TRAN, NICK B. TX · House REP |
$11,088 | 1 |
| CULLEN, JASON NJ · House REP |
$5,786 | 5 |
| PATTERSON WILLIAM R MR RALPH 00090442 |
$3,912 | 1 |
| HEFNER JOSEPH COLE HONORABLE 00080101 |
$1,093 | 1 |
| HEISE, GREGOR HEINRICH TX · House REP |
$400 | 1 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 12 months · top 10
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 |
$163,217 | 12 |
| 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 |
| MCKAY, RAYMOND TYLER MR RI · Senate REP |
$12,225 | 5 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 18 months · top 10
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 |
| MCKAY, RAYMOND TYLER MR RI · Senate REP |
$12,225 | 5 |
VIEW 1 DIAGRAM DECORATIVE
Top buyers last 24 months · top 10
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 |
| MCKAY, RAYMOND TYLER MR RI · Senate REP |
$12,225 | 5 |
By party
Revenue by party
D · 0%
R · 100%
| Party | Amount | % |
|---|---|---|
| Democratic | $0 | 0.00% |
| Republican | $335,999 | 18.16% |
| Non-partisan | $1,514,366 | 81.84% |
Part III Reference tables
Full all-time and cycle-to-date data.
Money flow through this vendor
Where their ad buys point
IE payers (left) → races the buys targeted (right) · independent-expenditure filings onlyCycle-over-cycle trajectory
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% |
Revenue by service category
No category revenue in this window.
No category revenue in this window.
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% | 6mo ago |
| Digital | $78,605 | 16 | $5K | 5.6% | TRAN, NICK B. 50% | 3mo ago |
| Media | $28,536 | 2 | $14K | 2.0% | BETTS, DANIEL 53% | 6mo ago |
| Field & Voter Contact | $7,765 | 1 | $8K | 0.6% | STAHL, BRIAN 100% | 9mo 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% | 7mo ago |
| Software & Tech | $500 | 1 | $500 | 0.0% | HEISE, GREGOR HEINRICH 100% | 14mo ago |
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
$502,947 · 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 |
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 | 94.1% | 31 | |
| MD | $53,460 | 3.6% | 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 |
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 | COURAGEOUS CONSERVATIVES PAC | — | NON-IE TEXT MESSAGING | $3,112 |
| Recent | 2026-06-02 | MCKAY, RAYMOND TYLER MR | — | STRATEGIC MANAGEMENT CONSULTING | $3,000 |
| Recent | 2026-06-01 | CULLEN, JASON | — | SMS MARKETTING CAMPAIGN | $1,082 |
| Recent | 2026-05-26 | CULLEN, JASON | — | SMS MARKETTING CAMPAIGN | $1,082 |