Fats and lipids are a diverse group of organic compounds that are insoluble in water but soluble in organic solvents. They incorporate fatty acids, which are long carbon chains with an acidic end. There are several major lipid groups including fats, phospholipids, steroids, and waxes. Fats are lipids with fatty acid tails attached to glycerol, and are solid or liquid depending on whether they are saturated or unsaturated. Phospholipids have two fatty acid tails and a phosphate head, making up cell membranes. Steroids have four carbon rings but no fatty acid tails, and include cholesterol. Waxes are lipids with long fatty acid and alcohol chains that pack tightly.