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 June 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 financialstatements are filed as a part of this Form 10-QSB: 

Balance Sheets as of June30, 2001 and December 31, 2000, Statements of Operations for the three and sixmonths ended June 30, 2001 and 2000, and Statements of Cash Flows for the sixmonths ended June 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 six months ended June 30, 2001 and 2000 (b) the financial  position atJune 30, 2001 and (c) the cash flows for the six months  ended June 30, 2001 and2000. Interim results are not necessarily indicative of results 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                                              June 30,        December 31,                                                2001              2000                                            (unaudited)         (audited)                                           ------------       -----------                                     AssetsCash                                        $      3,364     $      1,098Investment in Unimproved Land, net (Note 1)    1,753,534        1,925,000                                            ------------       -                                            ------------       ----------   Total Assets                             $  1,756,898     $  1,926,098                                            ============     ============                        Liabilities and Partners' CapitalAccounts Payable                            $      2,700     $     12,585Due to Affiliates (Note 5 and 6)                 597,556          452,552Property Taxes Payable (Note 8)                   47,324           48,371Franchise Tax Payable                                800              800Commission Payable to Affiliate (Note 6)          70,560           70,560Notes Payable (Note 7)                           560,000          560,000                                            ------------       ----------    Total Liabilities                          1,278,940        1,144,868                                               ---------        ---------General Partners                                 (70,936)         (67,903)Limited Partners: 8,500 Equity  Units Authorized and Outstanding               548,894          849,133                                            ------------       ----------    Total Partners' Capital                      477,958          781,230                                            ------------       ----------    Total Liabilities and Partners' Capital $  1,756,898     $  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                                            June 30,            June 30,                                               2001                2000                                            ------------     ------------Income   Interest                                 $          0     $          0                                            ------------     ------------Total Income                                           0                0                                            ------------     ------------Expenses   Accounting & Financial Reporting                6,917            6,092   Decline in Market Value                       235,000                0   Outside Professional Services                  11,377            9,478   General   & Administrative                        737            2,915   Interest                                       16,717           12,205                                            ------------     ------------Total Expenses                                   270,748           30,690                                            ------------     ------------Net Loss                                    $  (270,748)     $    (30,690)                                            ============     =============Allocation of Net Loss  (Note 4):   General Partners, in the Aggregate:      $     (2,707)    $       (307)                                            =============    =============   Limited Partners, in the Aggregate:      $   (268,041)    $    (30,383)                                            =============    =============   Limited Partners, per Equity Unit:       $     (31.53)    $      (3.57)                                            =============    =============                 See Accompanying Notes to Financial Statements                                       4                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                            Statements of Operations                                   (Unaudited)                                                     Six Months Ended                                              June 30,        June 30,                                               2001             2000                                            ------------   -----------Income   Interest                                 $          0     $          0                                            ------------     ------------Total Income                                           0                0                                            ------------     ------------Expenses   Accounting & Financial Reporting               12,123           17,770   Decline in Market Value                       235,000                0   Outside Professional Services                  21,745           20,220   General   & Administrative                      2,887            6,421   Interest                                       30,717           26,597                                            ------------     ------------Total Expenses                                   302,472           71,008                                            ------------     ------------Loss Before Taxes                               (302,472)         (71,008)   State Franchise Tax                              (800)            (800)                                            -------------     ------------Net Loss                                    $   (303,272)    $    (71,808)                                            ============     =============Allocation of Net Loss  (Note 4):   General Partners, in the Aggregate:      $     (3,033)    $       (718)                                            =============    ============   Limited Partners, in the Aggregate:      $   (300,239)    $    (71,090)                                            =============    =============   Limited Partners, per Equity Unit:       $     (35.32)    $      (8.36)                                            =============    =============                 See Accompanying Notes to Financial Statements                                       5                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                            Statements of Cash Flows                                   (unaudited)                                                       Six months ended                                                   June 30,         June 30,                                                    2001               2000                                                 ------------       ------------Cash Flows from Operating Activities:Net Loss                                       $   (303,272)      $    (71,808)  Decline in Market Value                           235,000                  0Adjustments to Reconcile Net Loss to Net Cash  Provided By (Used In) Operating Activities:     Increase (Decrease) in Due to Affiliates       145,004            (82,549)     (Decrease) Increase in Property Taxes     Payable                                         (1,047)             3,074     (Decrease) Increase in Accounts Payable         (9,885)             2,325                                               -------------       -----------        Net Cash Provided By (Used In)                      Operating Activities           65,800          (148,958)                                               ------------       ------------Cash Flows from Investing Activities:    Increase in Investment in Unimproved Land       (63,534)          (104,088)                                               -------------       ------------        Net Cash Used in Investing Activities       (63,534)          (104,088)                                               -------------       ------------Cash Flows from Financing Activities:    Borrowings from Note Payable                          0            250,000                                               ------------       ------------        Net Cash Provided By Financing        Activities                                        0            250,000                                               ------------       ------------Net Increase (Decrease) in Cash                       2,266             (3,046)Cash, Beginning of Period                             1,098              3,427                                               ------------       ------------Cash, End of Period                            $      3,364       $        381                                               ============       ============Supplemental Disclosure of Cash Flow Information:-------------------------------------------------Cash Paid for Taxes                            $        800       $        800                                               ============       ============Cash Paid for Interest                         $     53,207       $     76,043                                               ============       ============                 See Accompanying Notes to Financial Statements                                       6
                         TMP INLAND EMPIRE IV, LTD                      A California Limited Partnership                      Notes to the Financial Statements                                June 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 - ThePartnership’s policy is to prepare its financial statements on the accrualbasis of accounting. 

Investment in Unimproved  Land - Investment in unimproved  land is stated atthe lower of cost or fair value.  All costs associated with the acquisition of aproperty are capitalized.  Additionally,  the Partnership capitalizes all directcarrying costs (such as interest and property  taxes).  These costs are added tothe cost of the  properties  and are deducted from the sales prices to determinegains, 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  - All unimproved land parcels held for investment are locatedin the Inland Empire area of Southern  California.  The eventual  sales price ofall parcels is highly  dependent  on the real estate  market  condition  in thatgeographical  area. The  Partnership  attempts to mitigate any potential risk bycontinually  monitoring  the market  conditions  and  holding  the land  parcelsthrough any periods of declining 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                                June 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                                June 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 June 30, 2001 the TMPLand Partnerships owe PacWest approximately $3,374,000, 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. 

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 

9
                           TMP INLAND EMPIRE IV, LTD                      A California Limited Partnership                      Notes to the Financial Statements                                June 30, 2001                             (Unaudited)
Note 5 - Agreements with PacWest (continued)
specific parcel shall not exceed a  loan-to-value  ratio of fifty percent of thefair market value of that parcel, 4) The maximum Total PacWest loan amount shallbe $2,500,000 allocated between the Partnerships and each borrowing  Partnershipshall execute a Promissory Note (as attached to the First Amendment) and a TrustDeed (as attached to the First Amendment.  PacWest and the TMP Land Partnershipsshall be entitled to enter into a separate  written  agreement  to provide for ashort-term gap loan to cover emergency  shortfalls,  and 5) If the  Partnershipsneed funds in excess of the  $2,500,000,  PacWest  shall be  entitled  to obtainthird party loans at market interest,  secured against the real property of eachPartnership  to whom such loan(s) is made. No such loan(s) shall be made withoutthe written consent of the 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 June 30, 2001 and December 31,2000, the Partnership has a payable of $597,353 and $452,349, respectively,including interest to PacWest related to the aforementioned agreements. 

Note 6 - Related Party Transactions
Syndication costs (seeNotes 1 and 3) netted against partners’ capital contributions include$850,000 of selling commissions paid in prior years to TMP Capital Corp. for thesale of partnership units of which a portion was then paid to unrelatedregistered 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 June 30, 2001 thePartnership had a payable of $203 to the General Partners and an affiliatedcompany. 

10
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                                  June 30, 2001                                   (Unaudited)
Note 6 - Related Party Transactions (continued)
As of June 30, 2001 andDecember 31, 2000, $70,560 is payable to Regal Realty, a company wholly owned byScott E. McDaniel, for services rendered relating to sales of properties priorto 1990. Mr. McDaniel is a partner of TMP Properties and he was a shareholder ofTMP Investments, Inc. until September 1993. Ultimate payment of this amount iscontingent on the limited partners receiving an amount equal to their capitalcontributions plus a cumulative, non-compounded return of 6% per annum on theiradjusted capital contributions. As of June 30, 2001 the limited partners had notreceived such a return and therefore this amount is not currently due. 

See Note 5 regardinginformation 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 June 30, 2001 and December 31, 2000,$119,827 and $108,427 of interest has been capitalized to investment inunimproved land. This note was not extended past June 1, 2001 and is currentlydue. 

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 of June30, 2001 and December 31, 2000, $42,956 and $25,772 of interest has beencapitalized 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 of June30, 2001 and December 31, 2000, $14,400 and $7,200 of interest has beencapitalized to investment in unimproved land. 

11
                            TMP INLAND EMPIRE IV, LTD                        A California Limited Partnership                        Notes to the Financial Statements                                  June 30, 2001                                   (Unaudited)
Note 8 - Property Taxes Payable
A portion of the propertytaxes payable of $47,324 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$15,317. Additional property tax liability of $32,007, 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                            $7,658     April 10, 2003                             7,659                                               ------                                              $15,317                                              =======
These amounts will increaseannually as interest accrues at a monthly rate of 1.5% on the remaining balance. 

Note 9 - Decline in Market Value
During the six month periodended June 30,  2001 and the year  ended  December  31,  2000,  the  Partnershipexperienced  a loss due to the  write-down in value of the  Partnership  land of$235,000 and $888,025, respectively. The decline in land value was mainly due tothe  downturn in the real estate  market  applicable  to the location of certainproperties. 

12
                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                                  June 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 on Form 10-QSB contains forward-looking  statements withinthe meaning of Section 27A of the  Securities Act of 1933 and Section 21E of theSecurities  Exchange Act of 1934, which are subject to the "safe harbor" createdby that section.  Words such as "expects,"  "anticipates,"  "intends,"  "plans,""believes,"  "seeks,"  "estimates" and similar expressions or variations of suchwords are  intended  to  identify  forward-looking  statements,  but are not theexclusive  means  of  identifying  forward-looking  statements  in this  report.Additionally,  statements  concerning  future  matters  such  as  the  features,benefits and advantages of the Partnership's property regarding matters that arenot historical 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’smanagement believes that inflation has not had a material effect on thePartnership’s results of operations or financial condition. 

Fiscal Quarters Ended June 30, 2001 and 2000
There was no income to thePartnership during the three or six-month periods ended June 30, 2001 and 2000.No properties were sold during the periods presented. 

13
                           TMP INLAND EMPIRE IV, LTD.                        A California Limited Partnership                                  June 30, 2001
Total expenses for thethree month period ended June 30, 2001 compared with the three month periodended June 30, 2000, increased by approximately $240,000 due primarily toincreases in Outside Professional Services and Interest Expense as well as adecline in market value of the properties These increases were partially offsetby a decrease in General and Administrative Expenses of $2,178. 

Total expenses for the sixmonth period ended June 30, 2001 compared with the six month period ended June30, 2000, increased by approximately $231,000 due primarily to increases inOutside Professional Services and Interest Expense As well as a decline inmarket value of the properties. Interest Expense increased by $4,120 due to theincrease in the amount due to PacWest. These increases were partially offset bydecreases in Accounting & Financial Reporting Expenses and General &Administrative Expenses. 

Liquidity and Capital Resources
At June 30, 2001, theCompany had available cash of approximately $3,400. Operations during the sixmonths ended June 30, 2001 provided cash of approximately $66,000 whileinvesting activities associated with the payment of development and carryingcosts of unimproved land held for investment utilized cash of approximately$63,500. An advance from PacWest of approximately $145,000 funded theoperations. 

During the six months endedJune  30,  2000,  operations  utilized  cash  of  approximately  $149,000  whileinvesting  activities  associated  with the payment of development  and carryingcosts of unimproved  land held for  investment  utilized  cash of  approximately$104,000.   Financing  activities  during  this  six-month  period  included  anadditional note payable that provided $250,000.  Proceeds from this note payablewere used to reduce the advance from PacWest. Advances from PacWest decreased byapproximately $82,500.

The Partnership had fiveproperties as of June 30, 2001 that are being held for appreciation and resale.Three of the properties are currently in escrow for listing prices of $200,000,$475,000 and $300,000. Upon the sale of each property, the Partnership intendsto payback, 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. 

14SignaturesPursuant  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:  August 3, 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