GOODEN, LANCE -- Republican Candidate for U.S. House of Representatives

Primarily PAC-Funded Campaign with High Burn Rate

GOODEN, LANCE is a Republican candidate running for U.S. House of Representatives in Texas, District 05 during the 2024 election cycle. This page provides a comprehensive campaign finance profile based on official FEC filings, including fundraising totals, spending analysis, and funding source breakdowns.

$1.1MTotal Raised
$890KTotal Spent
$717KCash on Hand

Candidate Profile

The following profile is based on Federal Election Commission (FEC) records for GOODEN, LANCE's 2024 campaign.

  • Candidate Name: GOODEN, LANCE
  • Party Affiliation: Republican
  • Office Sought: U.S. House of Representatives
  • State: Texas
  • District: 05
  • Election Cycle: 2024
  • FEC Candidate ID: H8TX05144
  • Spending Rate: 78% of funds raised have been spent

AI Funding Analysis

GOODEN, LANCE has raised $1.1M for the 2024 House race in Texas, with $890K spent and $717K cash on hand. Individual contributions make up 0.0% of total receipts, while PAC contributions account for 52.1%. Primarily funded by PACs, with no individual contributions. Significant reliance on organizational contributions, indicating a PAC/org-reliant strategy. Burn rate is high, suggesting rapid spending. Net cash position is negative, indicating potential financial strain.

Campaign Fundraising Summary

GOODEN, LANCE has raised $1.1M for their 2024 House campaign in Texas. The campaign has spent $890K (78% of total raised) and currently holds $717K in cash on hand.

MetricAmount
Total Raised$1.1M
Total Spent$890K
Cash on Hand$717K
Spending Rate78%

GOODEN, LANCE's campaign has spent 78% of its raised funds, maintaining a balance between active campaigning and building reserves. The remaining $717K in cash on hand provides flexibility for future spending.

Funding Sources Breakdown

The following table breaks down where GOODEN, LANCE's campaign funds come from. Understanding the mix of funding sources reveals how a candidate's campaign is financially supported.

SourceAmount% of Total
PAC Contributions$592K52%
Other Sources$545K48%

PAC Contributions represent the largest funding category at $592K (52% of total raised). Significant PAC funding indicates support from organized interest groups, industry associations, and political action committees that align with the candidate's policy positions.

AI Funding Analysis

GOODEN, LANCE's campaign is funded by individual contributions (0.0%, $0), PAC contributions (52.1%, $592K), and party committee transfers (0.0%, $0). Other sources account for $545K (47.9%).

Donor Patterns

GOODEN, LANCE's campaign relies heavily on PAC and organizational support, which accounts for 52.1% of total receipts. Key donor sectors include PACs, Organizations, Other sources. High percentage of funding from PACs (52%) and no party contributions.

Spending Analysis

GOODEN, LANCE has spent $890K, which is 78.3% of total receipts. The campaign maintains a healthy cash reserve of $717K. Negative net cash position, suggesting financial challenges.

Competitiveness Assessment

GOODEN, LANCE's financial position is competitive for a House race in Texas. The campaign has raised $1.1M with $717K remaining. High burn rate (78%) indicates rapid spending.

Key Donors Analysis

PAC contributions total $592K. Key sectors and interest groups represented among donors include PACs, Organizations, Other sources. Primarily funded by PACs, with no self-funding.

Top Donors

DonorTypeAmount
Political Action CommitteesPAC$592K
PACsSector$0
OrganizationsSector$0
Other sourcesSector$0

Race Opponents: 2024 House Texas District 05

The following candidates are competing in the same 2024 House race in Texas, District 05 as GOODEN, LANCE.

CandidatePartyTotal RaisedTotal Spent
GOODEN, LANCE (current)Republican$1.1M$890K
TORRES, RUTH MS.Democratic$39K$39K

GOODEN, LANCE has raised more than their opponent in this race. The fundraising advantage ratio is 28.9:1.

Other Candidates in Texas

Top-raising federal candidates in Texas during the 2024 election cycle.

View all Texas candidates

Republican House Race in Texas

GOODEN, LANCE is competing as a Republican candidate for U.S. House of Representatives in Texas, District 05. U.S. House races are held every two years, with each of the 435 House districts electing one representative. House campaigns vary dramatically in cost depending on the competitiveness and media market of the district.

To explore other candidates running in Texas, visit the Texas campaign finance page. You can also browse all Republican candidates or view all House races nationwide.

Frequently Asked Questions

How much has GOODEN, LANCE raised?

GOODEN, LANCE has raised a total of $1.1M for the 2024 election cycle. Of that, $890K has been spent, leaving $717K cash on hand. Individual contributions account for $0, PAC contributions for $592K, and party committee transfers for $0.

Where does GOODEN, LANCE's campaign money come from?

GOODEN, LANCE's campaign is funded by individual contributions (0.0%), PAC contributions (52.1%), party committee transfers (0.0%). PAC and organizational money is the primary funding source.

How much has GOODEN, LANCE spent?

GOODEN, LANCE has spent $890K of $1.1M raised, which is 78.3% of total receipts. The campaign has $717K remaining cash on hand.

How much cash does GOODEN, LANCE have on hand?

GOODEN, LANCE currently has $717K in cash on hand. This represents the difference between $1.1M raised and $890K spent during the 2024 cycle.

How much PAC money has GOODEN, LANCE received?

GOODEN, LANCE has received $592K from political action committees, representing 52.1% of total campaign funds. PAC money is the largest funding source.

What party is GOODEN, LANCE affiliated with?

GOODEN, LANCE is running as a Republican candidate for House in Texas. The campaign has raised $1.1M for the 2024 election cycle.

What is GOODEN, LANCE's campaign burn rate?

GOODEN, LANCE's campaign has a burn rate of 78%, having spent $890K of $1.1M raised. The campaign maintains a moderate spending pace.

Is GOODEN, LANCE financially competitive?

GOODEN, LANCE's financial position is competitive for a House race. The campaign has raised $1.1M with $717K cash on hand. No individual contributions, indicating a lack of grassroots support.

What does GOODEN, LANCE's donor base reveal about their coalition?

GOODEN, LANCE's funding profile is PAC and organization-funded. High percentage of funding from PACs (52%) and no party contributions.

What are the financial strengths and risks for GOODEN, LANCE's campaign?

Negative net cash position, suggesting financial challenges.

How does GOODEN, LANCE's fundraising compare to similar campaigns?

High burn rate (78%) indicates rapid spending.

What should voters know about GOODEN, LANCE's campaign finances?

Primarily funded by PACs, with no self-funding.

Understanding Campaign Finance Data

Campaign finance data in the United States is regulated by the Federal Election Commission (FEC). All federal candidates -- including those running for President, U.S. Senate, and U.S. House of Representatives -- are required to file periodic financial reports disclosing their campaign contributions and expenditures.

Key terms used in campaign finance reporting include:

  • Total Raised (Receipts): The total amount of money received by the campaign from all sources, including individual donors, PACs, party committees, and candidate self-funding.
  • Total Spent (Disbursements): The total amount of money the campaign has spent on operations, advertising, payroll, travel, and other campaign activities.
  • Cash on Hand: The amount of money remaining in the campaign's accounts after subtracting expenditures from receipts. This represents available resources for future spending.
  • Individual Contributions: Donations from individual citizens, subject to contribution limits set by FEC regulations.
  • PAC Contributions: Donations from Political Action Committees, which pool contributions from members to support candidates who share their policy interests.
  • Party Contributions: Funds provided by national, state, or local party committees to support their party's candidates.
  • Candidate Self-Funding: Personal funds contributed or loaned to the campaign by the candidate themselves. Self-funding is not subject to the same contribution limits as outside donations.

All data shown on ReadTheDonation is sourced from official FEC public records. Campaign finance disclosure is a cornerstone of American democratic transparency, allowing voters to understand who is funding political campaigns and how that money is being spent.

Official Source

View the full FEC filing for GOODEN, LANCE: FEC.gov -- GOODEN, LANCE

Related Candidates and Resources

AI-generated analysis from FEC public data. Nonpartisan and informational only.