The given answer "Organic; Lipid" is correct because lipids are organic compounds that contain carbon, hydrogen, and oxygen. Lipids are a diverse group of molecules that include fats, oils, waxes, and steroids. They are an essential component of cell membranes, provide energy storage, and play a role in hormone production. The color coding of green for carbon, red for oxygen, and white for hydrogen supports the identification of lipids as the correct answer.