U.S. SECURITIES AND EXCHANGE COMMISSION                             Washington, D.C. 20549
                                   FORM 10-QSB
                  Quarterly Report Under Section 13 or 15(d) of                       The Securities Exchange Act of 1934
                  For the Quarterly Period Ended September 30, 2001                           Commission File No. 0-19933
                           TMP INLAND EMPIRE IV, LTD.                        A CALIFORNIA LIMITED PARTNERSHIP          (Name of small business issuer as specified in its charter)
CALIFORNIA                                                                                                                            33-0341829(State or other jurisdiction                                                                                                      (I.R.S.  Employer Identification No.) ofincorporation or organization)
                      801 North Parkcenter Drive, Suite 235                           Santa Ana, California 92705         (Address of principal executive offices, including Zip Code)
                                 (714) 836-5503                (Issuer's telephone number, including area code)
Check whether the issuer[1] filed all reports required to be filed by Section 13 or 15(d) of theExchange Act during the past 12 months (or for such shorter period that theregistrant was required to file such reports), and [2] has been subject to suchfiling requirements for the past 90 days. Yes [X] No [ ] 

Transitional Small Business Disclosure Format: ____Yes__X__No
 PART I - FINANCIAL INFORMATION
 Item 1.     Financial Statements
The following financial statements are filed as a part of this Form 10-QSB:
Balance Sheets as ofSeptember 30, 2001 and December 31, 2000, Statements of Operations for the threeand nine months ended September 30, 2001 and 2000, and Statements of Cash Flowsfor the nine months ended September 30, 2001 and 2000. 

The interim financialstatements presented have been prepared by the Partnership without audit and inthe opinion of the management, reflect all adjustments of a normal recurringnature necessary for a fair statement of (a) the results of operations for thethree and nine months ended September 30, 2001 and 2000 (b) the financialposition at September 30, 2001 and (c) the cash flows for the nine months endedSeptember 30, 2001 and 2000. Interim results are not necessarily indicative ofresults for a full year. 

The balance sheet presentedas of December 31, 2000 has been derived from the financial statements that havebeen audited by the Partnership’s independent public accountants. Thefinancial statements and notes are condensed as permitted by Form 10-QSB and donot contain certain information included in the annual financial statements andnotes of the Partnership. The financial statements and notes included hereinshould be read in conjunction with the financial statements and notes includedin the Partnership’s Form 10-KSB. 

2                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                                 Balance Sheets                                           September 30,      December 31,                                                2001              2000                                              (unaudited)       (audited)                                           --------------     -----------                                     AssetsCash                                        $        168       $      1,098Investment in Unimproved Land, net (Note 1)    1,711,223          1,925,000                                            ------------       ------------   Total Assets                             $  1,711,391       $  1,926,098                                            ============       ============                        Liabilities and Partners' CapitalAccounts Payable                            $      2,775       $     12,585Due to Affiliates (Note 5 and 6)                 643,017            452,552Property Taxes Payable (Note 8)                   61,122             48,371Franchise Tax Payable                                800                800Commission Payable to Affiliate (Note 6)          70,560             70,560Notes Payable (Note 7)                           560,000            560,000                                            ------------       ------------    Total Liabilities                          1,338,274          1,144,868                                               ---------          ---------General Partners                                 (71,984)           (67,903)Limited Partners: 8,500 Equity  Units Authorized and Outstanding               445,101            849,133                                            ------------       ------------    Total Partners' Capital                      373,117            781,230                                            ------------       ------------    Total Liabilities and Partners' Capital $  1,711,391          1,926,098                                            ============       ============                 See Accompanying Notes to Financial Statements
3                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                            Statements of Operations                                   (Unaudited)                                                 Three Months Ended                                                      September 30,                                               2001                  2000                                            ------------       ------------Income   Interest                                 $          0       $        975                                            ------------       ------------Total Income                                           0                975                                            ------------       ------------Expenses   Accounting & Financial Reporting                6,292              6,692   Decline in Market Value                        65,000                  0   Outside Professional Services                  14,339             12,687   General   & Administrative                        692              2,185   Interest                                       18,518             12,925                                            ------------       ------------Total Expenses                                   104,841             34,489                                            ------------       ------------Net Loss                                    $   (104,841)       $   (33,514)                                            =============       ============Allocation of Net Loss  (Note 4):   General Partners, in the Aggregate:      $     (1,048)       $      (335)                                            =============       ============   Limited Partners, in the Aggregate:      $   (103,793)       $   (33,179)                                            =============       ============   Limited Partners, per Equity Unit:       $     (12.21)       $     (3.90)                                            =============       ============                 See Accompanying Notes to Financial Statements
4                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                             Statement of Operations                                   (Unaudited)                                                  Nine months Ended                                                      September 30,                                               2001                  2000                                            ------------       ------------Income   Interest                                 $          0       $        975                                            ------------       ------------Total Income                                           0                975                                            ------------       ------------Expenses   Accounting & Financial Reporting               18,415             24,461   Decline in Market Value                       300,000                  0   Outside Professional Services                  36,084             32,907   General   & Administrative                      3,579              8,607   Interest                                       49,235             39,522                                            ------------       ------------Total Expenses                                   407,313            105,497                                            ------------       ------------Loss Before Taxes                               (407,313)          (104,522)   State Franchise Tax                              (800)              (800)                                            -------------       ------------Net Loss                                    $   (408,113)       $  (105,322)                                            =============       ============Allocation of Net Loss  (Note 4):   General Partners, in the Aggregate:      $     (4,081)       $    (1,053)                                            =============       ============   Limited Partners, in the Aggregate:      $   (404,032)       $  (104,269)                                            =============       ============   Limited Partners, per Equity Unit:       $     (47.53)       $    (12.26)                                            =============       ============                 See Accompanying Notes to Financial Statements
5                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                             Statement of Cash Flows                                   (unaudited)                                                  Nine months ended                                                     September 30,                                               2001               2000                                            ------------       ------------Cash Flows from Operating Activities:Net Loss                                    $   (408,113)      $   (105,322)  Decline in Market Value                        300,000                  0Adjustments to Reconcile Net Loss to NetCash Provided By (Used In) OperatingActivities:   Increase (Decrease) in Due to Affiliates      190,465            (63,148)   Increase in Property Taxes Payable             12,751             19,899   (Decrease) Increase in Accounts Payable       (9,810)              5,565                                            ------------       ------------      Net Cash Provided By (Used In)                    Operating Activities          85,293           (143,006)                                            ------------       -------------Cash Flows from Investing Activities:    Increase in Investment in Unimproved    Land                                         (86,223)          (160,531)                                            -------------       ------------        Net Cash Used in InvestingActivities                                       (86,223)          (160,531)                                            -------------       ------------Cash Flows from Financing Activities:    Borrowings from Note Payable                       0            370,000                                            ------------       ------------        Net Cash Provided By Financing        Activities                                     0            370,000                                            ------------       ------------Net (Decrease) Increase in Cash                     (930)            66,463Cash, Beginning of Period                          1,098              3,427                                            ------------       ------------Cash, End of Period                         $        168       $     69,890                                            ============       ============Supplemental Disclosure of Cash Flow Information:-------------------------------------------------Cash Paid for Taxes                         $        800       $        800                                            ============       ============Cash Paid for Interest                      $     83,473       $    114,110                                            ============       ============                 See Accompanying Notes to Financial Statements
6
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 1 - General and Summary of Significant Accounting Policies
General - TMP Inland Empire IV, Ltd. (the Partnership) was organized in 1989in accordance with the provisions of the California Uniform Limited  PartnershipAct for the purpose of acquiring,  developing and operating real property in theInland Empire area of Southern California.
Accounting Method -The Partnership’s policy is to prepare its financial statements on theaccrual basis of accounting. 

Investment in UnimprovedLand - Investment in unimproved land is stated at the lower of cost or fairvalue. All costs associated with the acquisition of a property are capitalized.Additionally, the Partnership capitalizes all direct carrying costs (such asinterest and property taxes). These costs are added to the cost of theproperties and are deducted from the sales prices to determine gains, if any,when properties are sold. 

Syndication Costs -Syndication costs (such as commissions, printing, and legal fees) totaling$928,614 represent costs incurred to raise capital and, accordingly, arerecorded as a reduction in partners’ capital (see Note 3). 

Use of Estimates -The preparation of financial statements in conformity with generally acceptedaccounting principles requires management to make estimates and assumptions thataffect the reported amounts of assets and liabilities and the disclosure ofcontingent assets and liabilities at the date of the financial statements andthe reported amounts of revenues and expenses during the reporting period.Actual results could differ from these estimates. 

Concentration - Allunimproved land parcels held for investment are located in the Inland Empirearea of Southern California. The eventual sales price of all parcels is highlydependent on the real estate market condition in that geographical area. ThePartnership attempts to mitigate any potential risk by continually monitoringthe market conditions and holding the land parcels through any periods ofdeclining market conditions. 

Income Taxes - Theentity is treated as a partnership for income tax purposes and accordingly anyincome or loss is passed through and taxable to the individual partners.Accordingly, there is no provision for federal income taxes in the accompanyingfinancial statements. However, the minimum California Franchise Tax payableannually by the Partnership is $800. 

7
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 2 - Organization of the Partnership
The Partnership was originally formed with TMP Properties (A California  generalpartnership) and TMP Investments, Inc. (A California Corporation) as the generalpartners.  The  partners'  of TMP  Properties  are William O. Passo,  Anthony W.Thompson and Scott E.  McDaniel.  William O. Passo and Anthony W.  Thompson werethe shareholders of TMP Investments,  Inc. until October 1, 1995, when they soldtheir shares to TMP Group,  Inc. and then became the  shareholders of TMP Group,Inc.
The Partnership originallyacquired nine separate parcels of unimproved real property in Riverside and SanBernardino Counties, California. The properties were to be held for investment,appreciation, and ultimate sale and/or improvement of all or portion thereof,either alone or in conjunction with a joint venture partner. One parcel was soldin 1989, another parcel was sold in 1990, a third parcel was sold in 1995, and afourth parcel was sold in 1997. 

The partnership agreementprovides for two types of investments: Individual Retirement Accounts (IRA) andothers. The IRA minimum purchase requirement was $2,000 and all others were aminimum purchase requirement of $5,000. The maximum liability of the limitedpartners is the amount of their capital contribution. 

Note 3 - Partners Contributions
The Partnership offered forsale 8,500 units at $1,000 each to qualified investors. As of December 31, 1989,all 8,500 units had been sold for total limited partner contributions of$8,500,000. There have been no contributions made by the general partners sinceits formation. As described in Note 1, syndication costs have been recorded as areduction in partners’ capital. 

Note 4 - Allocation of Profits, Losses and Cash Distributions
Profits, losses, and cashdistributions are allocated 99 percent to the limited partners and one percentto the general partners until the limited partners have received an amount equalto their capital contributions plus a cumulative, non-compounded return of sixpercent per annum based on their adjusted capital account balances. At thatpoint, remaining profits, losses and cash distributions are allocated 85 percentto the limited partners and 15 percent to the general partners. There were nodistributions in 2001 or 2000. 

8
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 5 - Agreements with PacWest
In March 1998, the GeneralPartners entered into an agreement (the Financing Agreement) with PacWest,whereby PacWest paid a total of $300,000 to the General Partners and ten otherrelated partnerships (the TMP Land Partnerships). In addition, PacWest agreed topay up to an additional $300,000 for any deficit capital accounts for the TMPLand Partnerships in exchange for the rights to the General Partners’distributions; referred to as a “distribution fee” as defined by theFinancing Agreement. 

In addition, PacWest hasagreed to loan and/or secure a loan for the TMP Land Partnerships in the amountof $2,500,000. Loan proceeds will be allocated among the TMP Land Partnerships,based on partnership needs, from recommendations made by PacWest, and under theapproval and/or direction of the general partners. A portion of these funds willbe loaned to the Partnership at 12% simple interest beginning April 1, 1998. Theborrowings are secured by the Partnership’s properties, and funds will beloaned, as needed, in the opinion of the General Partners. These funds are notto exceed 50% of the 1997 appraised value of the properties, and will primarilybe used to pay for on-going property maintenance, pay down existing debt, payback property taxes and appropriate entitlement costs. 

PacWest, can, at theiroption, make additional advances with the agreement of the General Partners;however, the aggregate amount of cash loaned to the TMP Land Partnerships islimited to a maximum of $2,500,000. As of September 30, 2001 the TMP LandPartnerships owe PacWest approximately $3,457,000, including advances &interest. 

Effective August 1, 2000,the Partnership entered into the First Amendment to the Management Agreement(“First Amendment”). The purpose of the First Amendment is to clarifyand define certain language and the terms of the provisions of the ManagementAgreement. The Management Agreement, in its entirety, remains in effect apartfrom specific items discussed in the First Amendment. 

9
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 5 - Agreements with PacWest (continued)
Certain items disclosed inthe First Amendment include 1) Revision of the “Asset AdministrationFee” schedule and its reduction upon the sale of any property, 2)“Participation Fee” wording is altered to read “Manager ProfitParticipation” and its calculation is defined, 3) the maximum amount of thePacWest loan to any Partnership shall not exceed fifty percent (50%) of the fairmarket value of all real properties owned by the Partnership, and the maximumamount of the PacWest loan secured against each specific parcel shall not exceeda loan-to-value ratio of fifty percent of the fair market value of that parcel,4) The maximum Total PacWest loan amount shall be $2,500,000 allocated betweenthe Partnerships and each borrowing Partnership shall execute a Promissory Note(as attached to the First Amendment) and a Trust Deed (as attached to the FirstAmendment. PacWest and the TMP Land Partnerships shall be entitled to enter intoa separate written agreement to provide for a short-term gap loan to coveremergency shortfalls, and 5) If the Partnerships need funds in excess of the$2,500,000, PacWest shall be entitled to obtain third party loans at marketinterest, secured against the real property of each Partnership to whom suchloan(s) is made. No such loan(s) shall be made without the written consent ofthe General Partners. 

Pursuant to the FinancingAgreement, PacWest has acquired the General Partners’ unsubordinated 1%interest in the Partnership and assumed responsibility for all partnershipadministration while not replacing any of the General Partners. 

In April 1998, PacWestentered into the Management Agreement with the General Partners to provide thePartnership with overall management, administrative and consulting services.PacWest currently contracts with third party service providers to performcertain of the financial, accounting, and investor relations’ services forthe Partnership. PacWest will charge a fee for its administrative services equalto an amount not to exceed the average reimbursements to the General Partnersfor such services over the past five years. As of September 30, 2001 andDecember 31, 2000, the Partnership has a payable of $642,814 and $452,349,respectively, including interest to PacWest related to the aforementionedagreements. 

10
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 6 - Related Party Transactions
Syndication  costs  (see  Notes  1  and  3)  netted  against  partners'  capitalcontributions include $850,000 of selling commissions paid in prior years to TMPCapital Corp. for the sale of partnership units of which a portion was then paidto unrelated registered representatives.
Investment in unimprovedland includes acquisition fees of $365,000 paid in prior years to TMPProperties, TMP Investments, Inc., and the General Partners, for servicesrendered in connection with the acquisition of the properties. 

At September 30, 2001 thePartnership had a payable of $203 to the General Partners and an affiliatedcompany. 

As of September 30, 2001and December 31, 2000, $70,560 is payable to Regal Realty, a company whollyowned by Scott E. McDaniel, for services rendered relating to sales ofproperties prior to 1990. Mr. McDaniel is a partner of TMP Properties and he wasa shareholder of TMP Investments, Inc. until September 1993. Ultimate payment ofthis amount is contingent on the limited partners receiving an amount equal totheir capital contributions plus a cumulative, non-compounded return of 6% perannum on their adjusted capital contributions. As of September 30, 2001 thelimited partners had not received such a return and therefore this amount is notcurrently due. 

See Note 5 regarding information on management of the Partnership during 2001.
Note 7 - Notes Payable
On March 1, 1996, thePartnership borrowed $190,000 from a private party. The note is secured by adeed of trust on a parcel of land owned by the Partnership in Beaumont,California. This parcel is currently in escrow. The note was originally due onFebruary 1, 1999, but was extended until June 1, 2001. Fees for the refinance ofthe note were paid by the Partnership in the amount of approximately $8,800.Interest accrues at 12 percent per annum payable in monthly installments of$1,900 starting March 1, 1996. As of September 30, 2001 and December 31, 2000,$112,227 and $108,427 of interest has been capitalized to investment inunimproved land. This note was not extended past June 1, 2001 and is currentlydue. 

11
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 7 - Notes Payable (continued)
On March 24, 2000, thePartnership borrowed $250,000 from a private party. The note is secured by adeed of trust on a parcel of land owned by the Partnership in Perris,California. The note is due on April 1, 2003. Interest accrues at 13.5% perannum payable in monthly installments of $2,864 starting May 1, 2000. As ofSeptember 30, 2001 and December 31, 2000, $51,544 and $25,772 of interest hasbeen capitalized to investment in unimproved land. 

On July 7, 2000, thePartnership borrowed $120,000 from a private party. The note is secured by adeed of trust on a parcel of land owned by the Partnership in Victorville,California. The note is due on July 7, 2003. Interest accrues at 12% per annumpayable in monthly installments of $1,200 starting August 7, 2000. As ofSeptember 30, 2001 and December 31, 2000, $18,000 and $7,200 of interest hasbeen capitalized to investment in unimproved land. 

Note 8 - Property Taxes Payable
A portion of the propertytaxes payable of $61,122 relates to property taxes due for various periods from1994 to 1997 for which the Partnership has entered into a payment plan. The plancalls for amounts to be paid starting in April 2000, and every April for thenext three subsequent years. The balance due under the installment plan is$16,006. Additional property tax liability of $45,116, relates to currentproperty taxes that were due in April & December 2000 and April 2001, notyet paid. Approximate amounts due on the payment plan are as follows: 
     April 10, 2002                            $8,003     April 10, 2003                             8,003                                               ------                                              $16,006                                              =======
These amounts will increaseannually as interest accrues at a monthly rate of 1.5% on the remaining balance.

12
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                               September 30, 2001                                   (Unaudited)
Note 9 - Decline in Market Value
During the three and ninemonth periods ended September 30, 2001, the Partnership experienced a loss dueto the write-down in value of the Partnership land of $65,000 and $300,000,respectively. During the year ended December 31, 2000, the Partnershipexperienced a loss due to the write-down in value of the Partnership land of$888,025. The decline in land value was mainly due to the downturn in the realestate market applicable to the location of certain properties. 

13
                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                               September 30, 2001
Item 2. Management's  Discussion and Analysis of Financial Condition and Resultsof Operations.
The following discussionand analysis provides information that the Partnership’s managementbelieves is relevant to an assessment and understanding of thePartnership’s results of operations and financial condition. Thisdiscussion should be read in conjunction with the financial statements andfootnotes, which appear elsewhere in this report. 

This Quarterly Report onForm 10-QSB contains forward-looking statements within the meaning of Section27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Actof 1934, which are subject to the “safe harbor” created by thatsection. Words such as “expects,” “anticipates,”“intends,” “plans,” “believes,” “seeks,”“estimates” and similar expressions or variations of such words areintended to identify forward-looking statements, but are not the exclusive meansof identifying forward-looking statements in this report. Additionally,statements concerning future matters such as the features, benefits andadvantages of the Partnership’s property regarding matters that are nothistorical are forward-looking statements. The Partnership’s actual futureresults could differ materially from those projected in the forward-lookingstatements. The Partnership assumes no obligation to update the forward-lookingstatements. 

Readers are urged to reviewand consider carefully the various disclosures made by the Partnership in thisreport, which attempts to advise interested parties of the risks and factorsthat may affect the Partnership’s business, financial condition and resultsof operations. 

Results of Operations
The following discussionshould be read in conjunction with the attached financial statements and notesthereto and with the Partnership’s audited financial statements and notesthereto for the fiscal years ended December 31, 2000. 

The  Partnership's  management  believes  that  inflation has not had a materialeffect on the Partnership's results of operations or financial condition.
Fiscal Quarters Ended September 30, 2001 and 2000
There was no income to the  Partnership  during the three or nine-month  periodsended September 30, 2001. During the three or nine-month periods ended September30, 2000
14
                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                               September 30, 2001
$975 of  interest  income was  recognized.  No  properties  were sold during theperiods presented.
Total expenses for thethree month period ended September 30, 2001 compared with the three month periodended September 30, 2000, increased by $70,352 due primarily to increasesDecline in Market Value, Outside Professional Services and Interest Expense.These increases were partially offset by a decrease in General andAdministrative Expenses of $1,493. 

Total expenses for the ninemonth period ended September 30, 2001 compared with the nine month period endedSeptember 30, 2000, increased by $301,816 due primarily to increases in Declinein Market Value, Outside Professional Services and Interest Expense. InterestExpense increased by $9,713 due to the increase in the amount due to PacWest.Theses increases were partially offset by decreases in Accounting &Financial Reporting Expenses and General & Administrative Expenses. 

Liquidity and Capital Resources
At September 30, 2001, theCompany had available cash of approximately $170. Operations during the ninemonths ended September 30, 2001 provided cash of approximately $85,300 whileinvesting activities associated with the payment of development and carryingcosts of unimproved land held for investment utilized cash of approximately$86,200. 

During the nine monthsended September 30, 2000, operations utilized cash of approximately $143,000while investing activities associated with the payment of development andcarrying costs of unimproved land held for investment utilized cash ofapproximately $161,000. Financing activities during this nine-month periodprovided funds of $370,000. 

The Partnership had fiveproperties as of September 30, 2001 that are being held for appreciation andresale. Four of the properties are listed for sale for prices ranging from$200,000 to $475,000. Upon the sale of each property, the Partnership intends topayback, where applicable, notes payable secured by the properties as well asPacWest loans, including interest, and then distribute the sales proceeds, lessany reserves needed for operations, to the partners 

15SignaturesPursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  theregistrant  has duly  caused  this  report  to be  signed  on its  behalf by theundersigned thereunto duly authorized.Date:  October 12, 2001TMP INLAND EMPIRE IV, LTD.              A California Limited Partnership         By: TMP Investments, Inc., a California Corporation as Co-General             Partner                              \s\ William O. Passo                     By:___________________________________                         William O. Passo, President                              \s\ Anthony W. Thompson                     By:__________________________________                         Anthony W. Thompson, Exec. VP         By:  TMP Properties, a California General Partnership as Co-General              Partner                              \s\ William O. Passo                     By:___________________________________                         William O. Passo, General Partner                              \s\ Anthony W. Thompson                     By:___________________________________                        Anthony W. Thompson, General Partner                              \S\ Scott E. McDaniel                     By ____________________________________                                Scott E. McDaniel         By:    JAFCO, Inc., A California Corporation as Chief Accounting                Officer                   \S\ John A. Fonseca              By ____________________________________                                  John A. Fonseca, President